The money from the tin will also help bank finance for the...

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PASBOZ

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17/02/21

20:10

Post #: 51093643
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Originally posted by Freehold ↑

@keatz

An Excerpt from your ********* Tin Link today

"... At one stage on the London Metal Exchange trading overnight, the cash spot price was up US$5,000 per tonne in just that session and briefly pushed above US$30,500, which is a move described in reports from London as “short squeezing”.

At session’s close, the cash price for the metal was US$29,625/t, up US$4,280 (or 16.8%), while the three-month price ended at US$24,385/t, which was a gain of US$735 (3.1% higher). That is a backwardation of US$5,420/t, a dramatic sign that the supply-demand situation is under enormous strain as buyers tie up physical metal for immediate delivery.
It is the greatest gap between cash and three-month prices in 30 years..."

Just image what would happen if Nigel happened to drop a AVZ tin offtake confirmation Ann this week. AVZ being the worlds biggest tin resource Jorc defined but not currently being mined.

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The money from the tin will also help bank finance for the lithium sulphate train 1.
Enough interest from the specs being tested and could have train 2 sooner than later and Yibin left
"Time to rethink its terms or miss out"
700,000 SC6 of the pie may need more than the initial 150000 set aside for the train 1
Certainly will reduce transport costs and improve
Ganfeng early movers as the Canadian results impressed.
No need for blending when you have AVZ spodumene.
ALL IMO

AVZ Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
38 Upvote

0 Great analysis

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