The problem is the share price performance is lagging the mining...

The problem is the share price performance is lagging the mining performance Jazz.

http://hotcopper.com.au/post_single.asp?fid=1&tid=1936984&msgid=11322552

Dividing market cap by total tin, to get share price performance. A crude measure i know and some of those companies might have expanded their resources in the last two weeks but gives a good feel of the situation.

MGS 28.82m tin 6163 score 4676
VMS 64.65m tin 30000 score 2155
MLX 239.51m tin 153500 score 1560
KAS 65.33m tin 135000 score 482
CSD 18.61m tin 57000 score 326
SRZ 13.41m tin 48000 score 279

Probably where a figure is high the company has been very effective in marketing the company where it is very low either something wrong with the company or the board has not done a very poor job on the marketing PR front.

I do not see anything fundamentally wrong with Heemsirk or Stellar just a failure to get it messages across effectively.

Board needs to get across how undervalued the company is compared to its potential and that it will stay independent long enough to achieve some of that potential.

Or at least enough for the share price to re rate to a more realistic level in anticipation of a bidding war.