From the previous small start option DFS, it was suggested that with a tin price of $21,000 the NPV of the project would be in excess of $100m USD.
I wont think about the fact that KAS should now be well in to the development phase with a very helpful tin price.
Instead I am very interested to see what the DFS update will tell us (it must be coming soon).
From the announcement in mid-June, this was the quote
"Kasbah CEO, Richard Hedstrom said, “AMC made a number of recommendations that will significantly enhance the Achmmach Tin Project. This is exactly the outcome Kasbah was hoping for. AMC’s recommendations will be incorporated into the feasibility study, construction financing and the Board’s decision to mine”.
Hopefully we will get some good news to reverse the price of KAS.
KAS Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
