mbg to break 5 cents >>>>>, page-5

  1. 25,374 Posts.
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    marlborough tin dynamic chart above (splitview)
    and buy depth shows .045 and now 046 holding well
    Two piddly trades to 47 ...
    keeping an i on it.


    what are we waiting on:
    MARLBOROUGH RESOURCES NL
    ABN 84 010 126 708
    HEAD OFFICE: Telephone: 61 2 9956 8444
    PO Box 279 Facsimile: 61 2 9955 6526
    North Sydney NSW 2059 Australia www.marlboroughresources.com
    9 December 2003
    Company Announcements
    Australian Stock Exchange
    Bridge Street
    SYDNEY NSW 2000
    Via ASX Online
    TIN PRICE UPDATE
    Marlborough Resources NL notes that the spot price of tin traded on the
    London Metals Exchange has in the past few days exceeded US$6,000
    per tonne.
    The average spot price since the Ardlethan Tin Project commenced in
    June 2001 was US$4,350 and the low since then was US$3,595 in
    September 2001.
    The A$ price has also surpassed A$8,000 per tonne, a price rarely seen
    since the Ardlethan project commenced production. The average A$
    spot price since June 2001 was A$7,500. The spot price on 18
    December was A$8,250 per tonne.
    A chart of the tin price since 1989 is enclosed.
    NEW PLANT AT ARDLETHAN
    Commissioning has commenced on the new processing plant at
    Ardlethan and an update will be provided in the New Year.
    Yours sincerely,
    MARLBOROUGH RESOURCES NL
 
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