Hi guys,
Tin is up about $2,000/t from the DFS $17,830 and that give us extra cash.
If we will produce only 40,000t of Tin (55,500) x $2000/t + $120Mil in DFS we are looking at $200Mil USD free cash. This looks really good to me. We know there is more Tin in the ground so the mine will be upgraded or will be in production much longer.
I am not saying YES yet all I'm saying this project looks much better now.
1. I want KAS build the mine
2. I do not want Pala get in for free
3. KAS is worth about $16Mil @ 0.028 now - We know this is cheap
4. Company earnings will be $12-$20Mil/year free cash
5. All depends how is the funding structured
Hi guys, Tin is up about $2,000/t from the DFS $17,830 and that...
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