The future? Only a small holder now, but ready to jump should...

The future?

Only a small holder now, but ready to jump should the price of tin rise. But I don't see it.
By the time 'our' mine gets started the Indonesians will be processing their own tin. And the market
will again be in full supply.
Just my opinion and I am very much hoping someone can point me to a different point of view.

Meanwhile, that CR didn't go over quite as planned. Less than 50% takeup and no underwriting.
So they should be strapped for cash sooner than later. A plum to be plucked?

I don't think the management can sell the unpurchased shares for less than the CR.....so that is OK....but it worries me that no one was willing to underwrite it.
If the major shareholders took up their rights, and so did management...then that shows that only 5 million shares were taken up by small shareholders.

Not much faith. And I don't blame them. When I wrote the manager a letter to say I wasn't pleased with his wages, He was spending time in a very low cost country, could save heaps, and still afford a maid, cook and butler....and he should take a cut, he wrote that I should phone him (and he would explain )....meanwhile he was in Japan skiing.

Just writing to express my hidden frustration. I laugh at the suggestion that tin will rise in price again in the near future. It may...but I laugh.