Tin cash has just hit $29k AUD, whats stoping it from heading past $22k USD and at what conversion...very likely we see post $30k/AUD if inventory stays low and more positive news comes out of the trade agreements.
I think its just lind putting pressure on the price as you said small change and their not losing anything, these guys can set their computer to continue to sell these amounts and only pay one brokerage at the end of the trading day, thats how they can afford it....no effort at all.
Selling was minimal into 1.3c and you could be forgiven for thinking the lining would be delayed and production henceforth, also question mark over pembrok drilling and most will have given up on Mt Cobalt.
So who's selling there after all those have been addressed or completed and our next ann is a payment for 20 tonnes of concentrat or in dollar terms half a million dollars, with the likelyhood of weekly shipments or at least fortnightly.
Still questions marks but their always will be, but theyre finding answers and ANW has done everything they said they would since mid Dec ann, drilling completed, TSF completed, transitioning to ore from GEM for ramp up.....19th January....could this be the start of deliverying what was always coming and onwards.....the Tin price is saying yes we can!
All imo
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3 | 573919 | 0.008 |
4 | 992855 | 0.007 |
4 | 582661 | 0.006 |
2 | 1500000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
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0.011 | 740905 | 2 |
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