C7A 10.0% 0.9¢ clara resources australia ltd

High tin prices: great opportunity for tin miners, page-36

  1. 15,094 Posts.
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    Confirmation of sales should see us spill over into the 1's and find a new floor. Approval of taronga should see a solid run. Completion of works at granville (if the F**king rain ever stops) should cement taronga's future and a new floor for us moving forward.

    Given the amount of shares on offer I don't know where the upper ceiling will be before the market cap begins to look stupid and provides a handbrake. My guess would by high 4s and maybe a few fluctuations into the 5s, then momentum will settle until cobalt can be proven up or some blind side acquistion, take over bid, consolidation or major international party buying up shares.

    Its all complete guess work on my end but aslong as tin price remains with us.... life is good. I'm happy to walk away with half my chips at 500% and let the rest ride to see where she goes. But won't be selling until i hit 500%
 
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