I know a bit about tin. Having done a capstone unit project on it last year (Got 80+%).
Key points being the price is controlled on the upside by the Chinese and downside by Indonesians.
MLX at Renison is the big Australian Player.
At Sn $25,000/T MLX is just becoming above break even. Many think the Sn price will go to $30,000 / T. A that price the Indonesians will bring back their moth balled plants.
Doradliia was in SRL. At 1% Sn I can't see it being a goer (MLX runs 2.25% but underground). More likely to do our dough. This is because Sn prices have great volatility more so than Au. Ref. point of controllers above. Smart move is to hive the thing off ot someone else who want's to take the risk. Haven't we done this with some of it?
Hope thts enough for now.
YTC Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held
