good news & bad news , page-3

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    Browny...LME site for Dec 31. Tin @ $10,350USD...and at a AUD conv of 69.7.

    Good to see your updated figures reflect better results. I guess this reflects the dynamics of a fluid market and perhaps how a smart operator can make money out of hedging and a bad operator (like Pasminco) can destroy a company.

    For mine, the real issue is the cost per tonne. If they can keep it somewhere near that stated $8,300 a tonne then we're cooking.
 
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