C7A 0.00% 0.9¢ clara resources australia ltd

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  1. 72 Posts.
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    Has any indication been given who a future suitor may be?
    The tin market is a very niche market from what I can tell.

    Other than MLX and their Renison bell project, who could be a likely suitor interested in the tin space in Australia? All going well, the value of the company would be as previously speculated at around the $100 mill mark with Toronga up and running.

    Would this put the company on the radar of the likes of South32 or Glencore for instance or an offshore buyer like Yunan tin? Could a potential buyer be hard to find being tin is 'old fashioned' and 'not cool'?

    I suspect the Mt Cobalt area will be spun off towards Auburn resources once Toronga is on it's way to producing and Auburn is floated, Aus tin mining can then be offloaded just like DGR's current project, Solgold. Copper and gold are an easy sell at the moment, two major's are sniffing about there.

    The last few posts really got me thinking about the future of the company and it's expected timeframe for sale by DGR, but who could be the future 'tin miner of choice' be?
 
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