RE: Tin7 Jan 2026 12:01
The price of tin in 2025/01/06 was $29,250/t, 2026/01/06 its $44.200 now or there about.
The share price in 2025/01/06 was 2.176p, 2026/01/06 its 3.5p now or there about.
Of course its not just about the price of tin relative to the share price. Its about margin. At circa $30,000/t they weren't breaking even, at $44,000/t they should be plus some. Until the market knows for sure what the deal is here they can't reflect anything in the share price. We don't know what they're doing and neither, it would seem, does the market. What this means exactly:-
"Tin shipments totalled 15 for the period, representing a 7% YoY and 25% QoQ increase, aligning with the Company's strategy to optimise sales during a period of elevated pricing."
is anybody's guess.
Come on AV throw us a bone. Now that you've shaken off the turkey and Castle excess give us an update.
TDT