SRZ 0.00% 1.8¢ stellar resources limited

good time to buy srz, page-9

  1. 3,608 Posts.
    http://in.reuters.com/article/2014/03/03/column-home-indonesian-tin-idINL6N0M037320140303

    extracts

    That means that since September exports have dropped by a cumulative 8,000-15,000 tonnes from "normal" levels, depending on whether you count solder or not.
    Doesn't sound like much but the global tin market is only a couple of hundred thousand tonnes in size and current inventory on the London Metal Exchange (LME) stands at a historically low 9,085 tonnes.

    That's testament to the strangle-hold Indonesia currently exerts on global tin supply.

    producers just about everywhere else are working hard just to maintain historical output levels as older mines deplete.
    And, as everyone in this market now knows, future supply looks equally challenged.

    The supply picture might, and probably will, change if the tin price starts with a "3" rather than a "2".
 
watchlist Created with Sketch. Add SRZ (ASX) to my watchlist
(20min delay)
Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $37.43M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
7 5952811 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 650000 2
View Market Depth
Last trade - 16.12pm 07/11/2024 (20 minute delay) ?
SRZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.