Ann: 49% Increase in Heemskirk Tin Resources , page-23

Bill in Australia Heemkirk is one of the higher tin grade prospects ,

http://www.asx.com.au/asxpdf/20130219/pdf/42d3nj2v70lrh5.pdf slide 6

It could be that at $12700it is in the lower quartile
“The Heemskirk project is also expected to have a competitive cost structure with an estimated cash cost of production of US$12,780/tonne of tin. The International Tin Research Institute cash cost curve shows that Heemskirk’s estimated cash cost is half of the US$25,000/tonne long-term marginal cost of production. It is also placed at the lower end of the range for hard-rock underground tin mines.”

http://www.stellarresources.com.au/index.php/heemskirk-tin

http://www.bloomberg.com/news/2012-08-20/bear-market-in-tin-shuts-70-of-indonesian-smelters-commodities.html

“Most smelters have closed,” said Hidayat Arsani, the president of the Indonesian Tin Mining Association. “The price just cannot cover the cost. Ideally, the price should be around $21,000 or $22,000 a ton. If this continues, we can’t work anymore.”

It certainly looks competitive compared to Indonesia the second biggest producer.

Harder to tell for China(the biggest tin producer) but with a supply squeeze likely that china will soak up most of its own production internally.

http://minerals.usgs.gov/minerals/pubs/commodity/tin/mcs-2013-tin.pdf

http://alphaminresources.com/china-tin-production-and-imports-rise-in-november/

Think Stellar could ship the tin a long way but hopefully they will not need to.