When they bought taronga the tin market price was struggling, thats how they got it for a steal.
Then they Jorced it and completed the PFS that in a good market is very healthy and in a struggling market still economical, but not so healthy.
They're not hiding the fact they want to make what is in there words a good project, great!
For them to spend millions, developing resource, extending resource and completing DFS at .005-1c in hurry when Tin was down around USD13-15k will have been a mistake! Yet they have progressed it economically to a point where the AUD tin price is closer to 30k then 20k and approaching a more developed and consistent Tin market and price for the next 10 years.
So who's lost in all this, I can tell you who hasnt, anyone who has invested from the execution of that merger to start of 2018.
The company progress from .004c to where it is today, couldve shouldve wouldve....its 4 times the investment of Taronga and the nickel is heading in the right direction, the cobalt market is heading in the right direction and the Tin market is definetly heading in the right direction.
What part of being a junior resource developer don't you get!?
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