Originally posted by banana man
AUD $29,157.87/t
G1 had to be completed, while HC investors were hoping for production and consistent sales, follow by a smooth transition to G2 expansion and further consistent sales and profits. Management were simply concern with improving the processing circuit to maximize effeciency for G2 production. Numerous technical changes along with implementations were made to achieve economical effeciency. This was the goal of G1. Its now completed and recoveries pointing to greater then 68%.
G2 expansion needed to be completed, and withstanding all the debate, its now completed.
The mine that ANW bought for pennies on the dollar has seen an improved processing plant, a development mine with 2 years ore and potential for more.
It is 100% correct imo that until the sales begin to flow, we arent really a commercial producer of Tin, producer yes, it was stated clearly in both anns that production resumed a month ago and will transition to G2 ramp up in January.
It is 100% correct imo to say that ANW has had the ability to produce over the last 2.5 years, however due to the necessity to improve the circuit have only produced a minimal amount to firstly test improvements to the circuit and secondly to produce enough tin to test the supply chain. They were succesful with both as already stated in anns, but tecnically having the ability to produce tin or producing small amounts as a byproduct to plant optimization is sitting on the fence a bit. Considering the plant optimization has been on going albeit spiradic, they have technically produced an amount of concentrate thats was been dresssed in april 2018 for sale with G2 production in 20t lots.
So as much as some posters continue to focus on the past, anw is cleary looking forward now and there's not much standing in their way, only the time it will take to complete that first shipment to confirm the finally piece that many may be waiting for.
For all the debate, everything has been done, the crew has been employed, the plant tried and tested, prdocution resumed, tin not really that hard to recover in the scheme of things.
They have progressed to this point either way you look at it, will have sales soon enough.
Very excited for where the tin price is headed.
When cobalt and lithium started there climb prices much lower then where they went in the end were lorded as great, then they doubled.
all imo
Anyone considering investing in ANW and anyone holding ANW unsure of your decision I recommend you watch these FNN interviews which give very good detail on our projects, including exploration LOM upsides at Taronga and Granville. When watched in sequence it really does show that Aus Tin is a company on the move that have made excellent progress while making a lot of their stated timelines. Any delays we may have had have got to be expected with any company, especially one in it's infancy, and our delays have really been minor in the scheme of things.
Finance News Network Interviews below. There is some repeat of info throughout the videos as you would expect but each interview also has new information. This is a great way to see the progress of ANW with some really good info on all our projects and their progression over the last couple of years.
11 Jul 2016 Aus Tin Mining (ASX:ANW) talks encouraging results from Mt Cobalt (5min)
Nov 29 2016 Aus Tin Mining (ASX:ANW) talks drilling at Mount Cobalt (5min)
Jul 3 2017 Aus Tin Mining (ASX:ANW) Granville Tin Project Expansion (4.15)
Oct 11 2017 Aus Tin Mining (ASX:ANW) first sales from Granville Tin Project (3.08)
Oct 15 2017 Aus Tin Mining (ASX:ANW) talks Taronga Tin Project
https://www.youtube.com/watch?v=8_4FueGmsEQ
Feb 21 2018 Aus Tin Mining (ASX:ANW) Mt Cobalt project update (2.35)
Mar 25 2018 Aus Tin Mining (ASX:ANW) potential expansion at Mt Cobalt (3.09)
https://www.youtube.com/watch?v=E4gLkvwneak
Jul 15 2018 Aus Tin Mining (ASX:ANW) sees successful results from Taronga Tin Project, NSW. (3.13)
https://www.youtube.com/watch?v=UEZ0AbOs5fc
Sep 11 2018 Aus Tin Mining (ASX:ANW) tin and cobalt projects update (3.50)
https://www.youtube.com/watch?v=uP_xBy5iOSE
20 Nov 2018 Aus Tin Mining (ASX:ANW) Mt Cobalt drill program (3.47)
https://www.youtube.com/watch?v=vnMRuu-fSzg
I added these 2 older video last as the game changed with the takeover of Ten Star's Granville project.
Apr 6 2014 Aus Tin Mining affirms Taronga viability (7min)
https://www.youtube.com/watch?v=Kg-tzWEx5Gs
May 3 2016 Aus Tin talks Granville Tin Project (4.27)
https://www.youtube.com/watch?v=aK4mxbi8c8U
Most investors don't give enough credit to companies like this probably because of short sited and narrow views. Aus Tin Mining is a company in the making and have got my respect and investment. I welcome any opposing opinions as it's the best way to make smart investments. Please someone tell me why I shouldn't invest long term in Aus Tin.
Do they have poor Management? No
Do they have poor assets? No
Do they have no funding? No
Are they in the wrong commodities? No
Bad Geopolitics? No
Too much downside risk for some?
Am I missing anything?
