SRZ 5.56% 1.7¢ stellar resources limited

Sentiment for fair-value tin prices could be on the mend.If the...

  1. 1,234 Posts.
    lightbulb Created with Sketch. 2745

    Sentiment for fair-value tin prices could be on the mend.

    If the Tin price tripled from here it would only add a few cents to the costs of a mobile phone. That cost dynamics is yet to be fully understood by retail.

    The macro market is translating into cornerstone holders for SRZ. Most likely due to growing concerns over Indonesian output amid licensing delays, Wa State tax policies changes, mining suspensions and complaints about low quality tin concentrates, etc, etc. as recently reported by the ITA.

    Plus, it is MSP and PDAC week. Global governments understand the geopolitical landscape of today. OECD supply chains can't afford to rely on basketcase countries indefinitely. Eventually you'll have to pay a high price for such an inexpensive pricing strategy. As a result, it is now considered much preferable to spread out the genuine cost of minerals and pay fair value for them with incentived policies that build reliant supply chains.

    SRZ solves problems with its secure supply and high ESG values.

    AIMO, DYOR, GLTA(patient)H
    Last edited by Mallyrock: 05/03/24
 
watchlist Created with Sketch. Add SRZ (ASX) to my watchlist
(20min delay)
Last
1.7¢
Change
-0.001(5.56%)
Mkt cap ! $35.35M
Open High Low Value Volume
1.8¢ 1.8¢ 1.7¢ $58.59K 3.394M

Buyers (Bids)

No. Vol. Price($)
3 1469312 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 1599132 1
View Market Depth
Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
SRZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.