Tin price, page-257

Yes, Hemskirk has been a historically successful tin field. I'm with those who just want us to build up the cash and the optionality allied to it. In the interim evaluate the options in a methodical disciplined manner.

As far as I'm concerned:

1. management has demonstrated an ability to deal out of a difficult situation with retention of Cu upside.
2. Management, especially the board, is likely to be inundated with offers.

I would like to see a cohesive plan in combination with the mission statement executed well. E.g if we are to be a ESG focused company in Sn & Cu the next move should be consistent with that. Like IGO.

When that time comes and if the SP has built further I would be interested in expanding my holding by a rights issue etc. for an opportunity that meets those and especially a reasonable risk versus IRR proposition.

Points 1 & 2 plus further sound execution will facilitate that.

We don't know a decent chunk of capital my be need to convert the CPY notes.

Too early to say IMVHO