SRZ 0.00% 2.4¢ stellar resources limited

Ann: 49% Increase in Heemskirk Tin Resources , page-27

  1. 1,190 Posts.
    No news coming out of SRZ for some time as they are moving drill rigs.

    MGT in Qld has just commenced their first shipment of tin concentrate. That is a small mine.

    MLX Renison Bell expansion and $200m capex is on processing tailings. They can not use the same processing plant as their other ore.

    CMS Mt Lindsay needs a capex of $180 m but that is a different process to that of Stellar or Renison Bell. They have tungsten and other by-products.

    Who knows maybe MLX will buy SRZ and use the same processing plant. That would work. There is however no known discussion of this, but it does make sense.

    Yes, supply of tin looks low over the next say 4 - 5 years, but the Chinese may step up and export tin from their mines.

    Possibly more downward sp movement as the market is impatient. IMO
 
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