I am starting to give up on making my money back on this one.
I estimate that by December KAS will need to pay back to Pala $3.5m. That represents approx 20% on current MC
Whichever way I look, I cannot see a future for a retail investor. I suppose it will continue to be a case of wait and see. The upcoming DFS will just be another DFS. Many millions have been spend on DFS's to no avail.
The one main thing that's keeping a lot of retail investors interested is thr TTC connection. But they may walk away anytime. It's only petty cash for them.
The one thing that would help is off course the price of tin going up. But, there is a lot of tin supply mining that has been suspended in places like Indonesia waiting for better days.
In other words, this is a mine that the World does not need or want. But, things can change.
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I am starting to give up on making my money back on this one. I...
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