http://www.proactiveinvestors.com.au/companies/news/34550/stellar-resources-closer-to-tin-resource-upgrade-at-heemskirk-with-stellar-results-34550.html
Extract (follow the link and read the whole thing)points out again that Heemskirk is close to Renision bell suggesting a future Yunan tin tie up. Also confirms a march 2013 upgrade leading to the likelyhood of a share price re rate.
Analysis
Heemskirk has one of the highest grade tin resources globally and has the potential to become one of Australia's largest tin producers.
A defining factor for Stellar is that Heemskirk is hosted within a known tin field, is located less than 20 kilometres from Australia's largest tin mine in Renison Bell, while also being supported by excellent existing infrastructure - including rail and road connections to Burnie Port.
The upside for Stellar and investors is that tin demand is expected to rise to 365,000 tonnes in 2012, with a supply shortfall for five out of last six years - with a lack of new tin mines.
Stella could help fill this shortfall.
Now with the 10,000 metre drilling program approaching half-way, the continued tin intersections provide a catalyst for a future resource upgrade - which is forecast for delivery March 2013. An upgrade of the mine plan will follow soon after.
Should Stella continue to increase the resource in 2013, at a time of increasing tin demand and reduced supply - then the company will be positioned to benefit with its share price being re-rated accordingly.
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http://www.*.com.au/companies/news/34550/stellar...
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