Nice read!The Tin market seems to have been better defined in...

Nice read!

The Tin market seems to have been better defined in this Quarterly.

The 'interdependence' price structure of Tin is exponentially leveraged like no other metal – in history. Here’s why:

From mining costs to final market products means that at the current Tin price of ~US$25,000/t our mobile phones have ~2¢ of tin in each one. However, if the Tin price goes up 4x (US$100,000/t), it would mean that the input costs to produce that phone will also go up to ~8¢. Therefore, it’s an immaterial cost that consumers can easily absorb 'unnoticed' which can't be said for many if not all other critical raw materials that are an integral part of our desire to decarbonise.

I believe for the first time we now read SRZ’s quarterly discussing ‘non Tier-One and non OECD countries’ controlling 75% of supply demand and ~7 days of global tin stockpiles. This is significant commentary because Tin is the glue of everything. So it's not hard to realise that the decarbonisation and electrify-everything thematic could easily be quickly 'weaponised' by a trade-block of Tin alone as recently discussed at the Sydney Energy Conference. See full ABC story. Whether that’s due to trade wars, geopolitical tensions or internal political issues (i.e., Myanmar - 3rd largest supplier), our reliance on such suppliers is fraught with consequences.

The Heemskirk Tin project is one of only a very rare select few Tier-One sovereign-trusted assets world-wide that is well positioned and well advanced to benefit from the resulting price catalyst potential – SRZ still makes good money to support local communities even at these low prices.

Now that SRZ seem to have a greater understanding of the geology they can focus on primarily targeting areas of thicker and higher-grade tin mineralisation. Plenty of action and news flow to come.

Exciting times!

All IMO, DYOR, GLTA(patient)H