4Q2024 Valuation, page-15

As soon as the SP retraces, it’s a pile on on management. Not a word when it was at 50c . At the time it was set Tin was 26000-27000 and SP was 28 ish . You dont base a valuation and a buy back price on monthly Tin price duration . You need enough of a period of a higher tin price to impact cash flow and cash and the value of the company. I think it’s perfectly logically for buy back and price to be reviewed on a 6 monthly basis

if one takes a look at resources stocks they have all retraced over last few weeks . I think it’s an opportunity to accumulate and people should see this as a gift