KAS 0.00% 1.5¢ kasbah resources limited

Ann: Annual Report to shareholders, page-4

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  1. 13,525 Posts.
    lightbulb Created with Sketch. 4614
    Yes timing is everything, around 2010 tin was heading towards $32,000 T and Tin stocks were the rage, it then fell to less than half of that and now 7 years later is still only back to $20,000 T. If the price of Tin hadn't collapsed it is more than likely we would be in production by now....such is life for small caps trying to get a share of the action.

    IMO If the current trend for Tin continues then it's very likely , with the new smaller staged approach, that we will get to production and do well..its a good project..

    The Chart shows a great example of the dangers of buying a spec stock that wasn't producing during a spike in whatever commodity it was planning to produce...now where's that crystal ball...

    Cheers Whisky
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