Trying to get my head around how valuable this project can be . I was interested to see the NPV calcs are very robust with current Tin
I do think the best course of action is sticka few holes to grow the resource and the chances are it will be taken over at a significantly higher price . It definitely be a stand alone project given current Tin price already places a pre tax net present value above 200m . A high resource and it could easily be a significant project . I can see this doubling just of some more drill intercepts that can grow resources. Although i do think MLX or someone else intersted in Tin will strike sooner than later as the chances are of they don’t they will need to pay substantially more in 6-12 months
SRZ Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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a few holes to grow the resource and the chances are it will be taken over at a significantly higher price . It definitely be a stand alone project given current Tin price already places a pre tax net present value above 200m . A high resource and it could easily be a significant project . I can see this doubling just of some more drill intercepts that can grow resources. Although i do think MLX or someone else intersted in Tin will strike sooner than later as the chances are of they don’t they will need to pay substantially more in 6-12 months
(20min delay)