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27/02/16
19:18
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Originally posted by Early1
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I could work out the numbers... But I might be a little delusional. Lol
Global refined tin output is forecast to fall 3 percent this year after a decline of 8 percent in 2015, resulting in a global deficit of 10,000-15,000 tonnes, he added.
Another deficit of 10,000-15,000 means that we would have negative values of tin inventory left, given the LME sits at 3850 or so.
Yep, armagedtin is coming... KAS up 50% in the last month is telling the tale and CSD is about to set sail.... Toot!
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Interesting comparison with KAS Early.
From memory, CSD PFS was about AUD14000 per tonne which is below KAS (approx. AUD15000). We are also assured that the costs have come down since then.
So if KAS sp has increased due to increase in Tin price, CSD should also have a positive impact?
But, of course, we have a couple of hurdles to overcome - removing the uncertainty about the merger / acquisition would be a great start.
The financing, DFS would be another!
All IMOO and pls DYOR!!