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Ann: Investor Presentation - RIU Explorers Conference 2024, page-15

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Absa Fron12

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14/02/24

11:23

Post #: 72398954
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Originally posted by MrQ: ↑

Ignoring other issues for a minute, we just need Tin price back into $40k+ range. We've had 2 spikes to that range when there were doubts about China's actual vs stated Tin reserves. $42k then very quickly back to $18k with a "nothing to see here, we have HUGE Tin reserves". At say $35k we can get interested again. Over $40k, and confidence it's reasonably price sustainable then we get finance from Toronto as most likely bet.

The other issues - Tungsten + others. The Tungsten is probably more than 25% of the deal here. AR has said a few times even more. So the sustainable bit is Tungsten, Boron and others to get the net profit workable if Tin price gets to a workable price, if not ideal. So they are working through that. Would like to see more support from the Feds there as Tungsten in on the AU USA critical list. I forget if AR has gotten anywhere there.

Tin has been on a small rise for a bit. Broaching $26k. But that's a long way off what we need.

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MrQ

$30k USD = $46k AUD

I think that is good enough profit plus all the other stuff is cream.

VMS Price at posting: 1.3¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 2.1¢		Change 0.000(0.00%)		Mkt cap ! $48.73M

Open	High	Low	Value	Volume
2.2¢	2.2¢	2.1¢	$50.16K	2.328M

Buyers (Bids)

No.	Vol.	Price($)
12	1955068	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	3682157	15

View Market Depth

No.	Vol.	Price($)
1	120000	0.021
12	1955068	0.020
25	5393079	0.019
13	2474398	0.018
8	1360000	0.017

Price($)	Vol.	No.
0.022	3682157	15
0.023	1380356	4
0.024	347406	3
0.025	1283590	9
0.026	3801100	4

Last trade - 15.09pm 13/05/2024 (20 minute delay)


Last 2.1¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
2.2¢	2.2¢		2.1¢	696700
Last updated 14.27pm 13/05/2024 ?

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