As a late night activity, along with your evening cubans and Drambuie, perhaps run your cynical eyes over the First Tin exploration and supposed development of the Taronga project?
Costs of production appear well down , and with their exposure to tin in Germany, one might perhaps consider yet another JV partnership being explored, with a few pasos of the cash at bank, at present? [or even a significant shareholding?]
Yes, a VERY long bow to draw, however with the industry knowledge of the directors, along with their access to supposed private equity, jumping into bed with MLX may too seem a relatively strong business plan, and help expediate production into the future.
Similar market caps. Similar SP.
Both can lead with their 'ESG' marketing
Combined ore supplies [and controls] , into the market, along with a reduction in the costs per tonne of supply.
Production lives.
Access to funding , post DFS, for Tin One, and reach into the German resource, for MLX.
Prevents too much destructive dilution for Tin One
Possible future dual listing, into the European borse ?
Admittedly , it takes much needed funds from further investment into Rentails, but it does remove some of the risk in one mine and provide access in to different regions.
Merely food for thought, whilst we lick our current, fiscal wounds...
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