toyota investment

I think we have had enough of the silliness around Elcapo and the broker recommendation. Lets look to the future.

This announcement is without a doubt the most significant invetment in Kas thus far.

Trading houses such as Toyota do not invest in small fry operations and obviously view Kas as a significant player in the future provision of tin in the world.

The fact that the agreement also provides for a guaranteed offtake arrangement also underpins the notion that they anticipate a shortage in future suppy and a consequential increase in price for the metal.

In my view having Toyota on board is going to make the funding of the mining of the Achmach resource a reality.

All of this is good news if your a holder.