Reading the half yearly report reminded me when Tin price was about $16k from memory, maybe less, and Bluestone Tin ( yes I had shares from that long ago till last year) had to basically, from memory which may be inaccurate, close and go into maintenance mode for a while. At about same time company had a major incident I think. My point being, that from my reading a lot of current profit and income depends upon Tin remaining profitable. My concerns are that Ni / Co are still some time off, (years?? till selling product) and will require capital, even if small high quality mining, plus time to build a new mine and equipment and technology, ? more approvals needed as well, whilst management focus is still (correctly imo) on Cu. Once Cu AND Tin more stable and profitable I would expect that any financial resources would then be spent on Ni/Co development. Not on rewarding SH!! And Ni price also has had its moments!
I suggest considering the time lines for potential rewards, and trying to calculate actual cash profits when Cu and Sn are running as anticipated, at end 2018, to help decisions as to whether to invest, hold or sell between now and then. Ni and Co and Cu may be, may be, long term valuable battery resources as well.
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Reading the half yearly report reminded me when Tin price was...
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