Hi Hottin,
Indonesian Tin producers are not ready to sell tin less then 23000 dollars per ton so price has to go up sooner or later.
And you are right with falling tin grades tin producers fail to break even at these prices so they wont sell tin at these prices for long time.
I have csd and kas in my portfolio and i think csd will be the one to shoot up first before kas does because if things go alright csd will be first one to produce tin and also now they will be producing copper, lead and zinc in few months.
Zinc and tin if they go up as predicted will be a great combo for csd.
i dont expect kas to trend upwards till finance is sorted out which i think should be by end of year, but surely kas has lot to go up once everything is sorted out also because we got strong partners in toyota.
cheers
KAS Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
