Very happy with the position of SRZ, good management and corporate structure. Yes it's deep but the resource is also very economical. Tin prices are only going to up in my view, very bullish on new technology and the uses of tin in them.
Tin has doubled this year to 10-year highs. It stands to reason then that the development prospects of Stellar’s Heemskirk project in Tassie have also improved dramatically. A 2019 study pointed to all-in sustaining costs of $US13,100/t. Tin last traded at $39,500/t
Gary said in an interview a month ago @8:15 min mark here https://youtu.be/EINTtUZ9-qw
That they are very economical at 38000/t usd and even if it drops off that should not be an issue.
I am a young investor that whom is ready to hold for 15+ years.
GLAH
Ann: High Grade Tin Intersected in Second Severn Hole, page-5
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $34.95M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.8¢ | $1.119K | 60.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 220000 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1568810 | 3 |
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| Last trade - 14.58pm 02/08/2024 (20 minute delay) ? |
| SRZ (ASX) Chart |