SRZ 5.26% 2.0¢ stellar resources limited

if you review the 2019 scoping study you discover that every...

  1. nk
    3,079 Posts.
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    if you review the 2019 scoping study you discover that every $1000 per tonne tin equals $15m in NPV.
    or 2c a share

    The other standout is that they only have the first 4 years production in indicated resources, the rest is inferred. That is why they had to cap the plant size to 350ktpa

    The best strategy going forward is to keep on drilling the deposit to boost the indicated resources to justify. 650ktpa plant capable of 4000 tpa tin.

    I would happily put more money in to drill out the tin deposits.
    I recently booked some profits from a graphite play and started accumulating more SRZ. Risk reward set up under 2.5c is great, 5c is on the cards within. month or so if tin stays strong. A decade ago I made very good profits on a tin play when tin ran over $30,000, This rally should be as good if not better and 8 to 10c is achievable at 30,000 plus tin



 
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Mkt cap ! $38.83M
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