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
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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($) | Vol. | No. |
---|---|---|
1.7¢ | 1599132 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1469312 | 0.016 |
4 | 2143343 | 0.015 |
1 | 1000000 | 0.014 |
3 | 375000 | 0.013 |
2 | 129166 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 1599132 | 1 |
0.019 | 2325110 | 6 |
0.020 | 2312029 | 3 |
0.022 | 200000 | 1 |
0.023 | 250000 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
SRZ (ASX) Chart |
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