KAS’s problem is not only with tin sales price, but more about how much mine gate cost it going to use.
For tin price under US$ 30,000, CSD is clearly much better than any other peers.
However all tin players will be the winners as” tin could run out within 20 years” According to http://en.wikipedia.org/wiki/Tin “it is estimated that, at current consumption rates and technologies, the Earth will run out of tin that can be mined in 40 years.[36] However Lester Brown has suggested tin could run out within 20 years based on an extremely conservative extrapolation of 2% growth per year.[37].”
Cheers
CSD Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held