Why the rush?A manufacturer's profit margin (OEM) would barely increase by a few cents if tin reached $100,000 USD plus. So why would they give a damn where the price goes? Therefore, why should we give a damn about providing a time line to come online?
Unless, the squeeze really happens this time and they are unable to locate any supplies at all, they will be concerned (forced to panick) since it will mean that everything that needs to be glued together will not be able to and the global production-of-everyhthing halts. Leaving an ugly battle for whatever stockpiles that may still be out there. Maybe, that lesson needs to be learnt because every time Tin goes on a healthy rise it turns back to BS levels where no one in the world makes healthy money. Hence, one of the reasons Myanmar closed its supply lines (Indonesia to a degree) was due to their poor environmental and social record and lack of business modelling, licensing and foresight. Now that they have to dig deeper for whatever resources are left.
Nobody else in Australia is as advanced to provide new supply as SRZ is. And not much globally located in a safe secure, mine friendly jurisdiction offering clean-energy to produce raw material either. If anybody truly need us, they will show up.
Meanwhile, from the announcement our future
Work Program is as follows:
The Executive Board initiated a thorough review of the Heemskirk Tin Project and approved the following work programme to commence, which includes:
- Geophysics and detailed geological modelling – to assist in drill targeting Indicated resource tonnes and new discoveries adjacent to the current resource.
- Infill drilling program – to increase Indicated resource tonnes
- Metallurgical testwork – to improve recoveries from the 2019 Scoping study.
- Advance Environmental Impact Statement studies• Updating the previous 2019 scoping study using the 2023 MRE.
- Investigate costs and trade-offs to build a standalone project and or the possibility to toll treat at nearby existing operations.
If they (OEM or ODN companies) truly need us then they'll
'come to papa'. And if they want to speed things up then they’ll be surely disappointed to find that due process needs to be followed and that by throwing money at us doesn't actually speed up things up either.
If it happens, this is probably the squeeze that the world needs to have. A case of relying too heavily on basket case jurisdictions (70%) for its supply for far too long without consequences.AIMO, DYOR, GLTA(patient)H
(20min delay)