well tin had a good day yesterday, LME stocks dropped 385t to 13,970t and price edged higher - official price 9.88 and unofficial price 5 cents higher at usd$9.93 / lb. KL market was closed for a holiday.
other metals dropped.
next week crack the usd$10.00 per lb me thinks
kasbah scoping plans moving forward have to be released soon - before the annual result by sept 30.
to fund the next step i'm still thinking there will be a placement, but at what price?? I would be a bit annoyed if there was a placement less than 20c as now more than halfway towards jorc resource target of 4mt inticated and every drill now in the 300m meknes west should contibute towards next jorc indicated calculation ie every drill adds 5% to the 2.2m t, assuming they find tin. in the brr wayne said there was 1 old hole 300m west but did not elaborate - I think it is probably a tin hole.
KAS Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
