Good post. Appreciate your simplifying the tin position.Agreed...

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merekee

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21/07/22

12:36

Post #: 62651123
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Originally posted by olympian: ↑

Given the likely size of whats coming up espesh in relationship to the 1 - 2pct grade holes at main play Bygoo nearby, the main objective would be to define 20.000 tonne contained tin in these open pittable discoveries.

At today's tin price that would be around aud 700 mill IGV easily accessible tin around an ML containing a private tin plant on our EL.

Given the open strikes and depths from these initial discoveries, might be reasonable to expect a likely initial resource around 1 bill bucks IGV to add to around the current aud 2.5 bill IGV for our likely 100 mill oz silver equiv.

Given the silver resources are already at advanced stage and close to advanced infrastructure, how should we value TMZ at say aud 3.5 bill IGV for its resource bace?

A conservative 5pct of IGV would rate us at 175 mill MC cf 15 mill current, based recently depressed prices. Note the reported AISC of global primary silver production is cited as about usd 19poz. Something/s gotta give soon or priducers will be pausing.

. Looks real cheap to me for our third primary ahead. Just need careful cash management to ensure our assets are secure and ride out the market doldrums before looking at multibagger moves ahead. Looks primed now waiting for a spark. Sniping time for core.

OWEP

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Good post. Appreciate your simplifying the tin position.

Agreed on the very cheap price on the in ground value.

Thanks very much, olympian.

TMZ Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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