I find it facinating that we have Gip detractors going very much off the thread subject when there could be this to be discussed.
LME Warehouse Stocks 06 Nov 2008
Close 3010
In 0
Out +/- 25
On Warrant 2905
Cancelled 105
Current cash ask $15,100/t
It has already been mentioned that $15,000/t is the target to be met for many projects to be viable.
Not that Gip is reliant on this figure!!!
But tin at $15,000/t would make finance more likely imho and ths is projected to be a LONG TERM target for the Indonesians.
tin, page-48
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