C7A 0.00% 1.1¢ clara resources australia ltd

Ann: Drilling Update - Mt Cobalt & Pembroke, page-1618

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    https://www.westmetall.com/en/markdaten.php?action=show_table&field=LME_Sn_cash

    as you will see the 3 month tin price is always slighty lower then the cash price as a sought of pre buy discount and actually means nothing at all about the expected tin price in 3 months time.....it was slightly lower on the way up to $22k/t and it was slighty lower on the way down to $18k/t........cash price could be $25k/t in 3 months time and the 3 month price would be slighty lower than that...it all has to do with supply and demand and the price can move very quickly if that 790t represents increasing demand, is that the biggest bite all year?
 
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