SRZ 5.00% 2.1¢ stellar resources limited

Well in my opinion if the "transition to a developer" is to be...

  1. 124 Posts.
    lightbulb Created with Sketch. 26
    Well in my opinion if the "transition to a developer" is to be believed, then getting this online within the bull cycle is paramount, thus a timeline should be given.
    Even from this very report, they speak about the global tin market supply issues and subsequent price gain.
    Late 2023 roughly $24,000/t = $1,868,880,000 (based on 77.87kt)
    Today at $35,675/t and growing = $2,778,012,250 (based on 77.87kt)
    Almost 1 billion dollars more, in less the half a year, as you say absolutely cents to the end user in there solder, but a big difference down at mine level IMO.
    If your feeling was that the Tin price was going to be above $50,60,70K/t in say 3-4 years time, you'd really want to get cracking on getting this thing up and running.

    It is worthless in the ground, unless they are waiting for at takeover as I mentioned as the other strategy potentially at play.
 
watchlist Created with Sketch. Add SRZ (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.001(5.00%)
Mkt cap ! $40.77M
Open High Low Value Volume
2.1¢ 2.1¢ 2.1¢ $31.23K 1.487M

Buyers (Bids)

No. Vol. Price($)
2 113611 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 60000 1
View Market Depth
Last trade - 13.59pm 03/07/2024 (20 minute delay) ?
SRZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.