Always difficult to predict where the SP will go with this one. Longer term it is all about the Tin mining so the price of Tin will be a critical factor (at 23250 today). If the current Coalition plans to introduce a one stop shop for approvals gets up this Friday then the current fear imposed by the radical environmentalists will become less of an issue.
Interesting that today in response to the Tasmanian opposition leader's statement that he intends to get ride of third party appeals if elected the current Labour government have opposed the proposal.
I guess the next state election will also have a significant bearing on the future SP.
I remind my self that the last two cap raising where done at 41c and 31c. Since then we have got a greater resources and are inches from production.
the bill, page-57
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