@nicholas_read@Sky_Metals_Ltd $SKY.AX Assumption look very heavy..
#tin at 45k
#tungsten at 150k
Tin recoveries between 75-88%
Tin Payable % = 95%
Production target mostly inferred and Indicated Resources
The regional hub concept with $MLX is getting a bit long in the tooth to be believableโฆbut Iโm sure MLX can pick them up for cents in the dollar in a few years.
I donโt think MLX need First Tin either - their on-tenement exploration is looking a much better option and RoI.
I am genuinely interested. Tell me
Iโm yet to meet one actual #tinbaron that has a shareholding in this company! Is it just an institutional punt on tin for Nero, Regal and Paradice - and a few SRZ directors?
This #tin asset has been around a long while and I think itโs a dog.
Need real M&A in the #tin space. Why we all hoping for $MLX.AX to start paying good $ for junior developers?
Where are the real tin miners?
#Yunnan , #MSC, #Minsur, #ChinaCo
The thematic looks so solid, why no-one acquiring?
Best answers only:
@JubCapital@Rome_Resources No one in the market cares bc the #RMR story is so different from what was pitched.
Yes these are some large meter intercepts of copper but the grades are so-so.
There is virtually no #tin in these results, less than 0.1-0.2% after the company predicted best in world grades..