In the commodities market, this appears to be a developing trend in the post-CV19 geopolitical landscape.
Commodity trading house Gerald Group said it paid almost $49 million for tin that turned out not to be tin.Gerald Group made a provision of $37.3 million in its 2023 financial accounts after the deal to buy Brazilian tin went awry, according to a note in its 2022 accounts filed at the UK’s Companies House. The firm has started investigations and engaged parties to assist in recovering the funds. See full story.
In other recent news, Michael Sullivan, US Embassy Economic Counsellor, said, ’Australia is an unicorn. It is a developed country but has all these natural resources, critical minerals, rare earths and it has the technological know how to develop them.’ Demand should explode story.
Globally businesses are realising that, in a post-CV19 geopolitical environment, only developed Tier1 sovereign-trusted countries possess the capacity to be resilient and provide supply security, which will ultimately save them time and money in the long run. But when it comes to the next Australian Tin producer, there aren't many options; SRZ is it. Using 100% energy renewables all within a developed and established mining jurisdiction.
Who do you trust?
All IMO, DYOR GLTA(patient)H
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1.7¢ |
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Mkt cap ! $34.31M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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4 | 1048839 | 1.6¢ |
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Price($) | Vol. | No. |
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1.8¢ | 255556 | 1 |
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No. | Vol. | Price($) |
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4 | 1048839 | 0.016 |
3 | 1119015 | 0.015 |
6 | 2957142 | 0.014 |
3 | 1625742 | 0.013 |
2 | 997795 | 0.012 |
Price($) | Vol. | No. |
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0.018 | 255556 | 1 |
0.019 | 894736 | 1 |
0.020 | 1924029 | 4 |
0.021 | 150000 | 1 |
0.023 | 250000 | 1 |
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