@HadleyNatus@OG_TINBARON@Abeng_babel@Official_TIMAH Where do I get my own crystal ball @HadleyNatus? New Years Eve fast approaching and $40k in sight.
Still seeing a small delta between the front and back end of the curves but it doesn't seem overly drastic.
@Abeng_babel Interesting! I'm assuming that is also according to outdated sampling data and hasn't accounted for all the illegal mining that has partially depleted the resource.
@OG_TINBARON@Steven_Oldani@BestUppercase@ShakeyPremis@Abeng_babel "Under the new rules, before they can secure their RKAB approval, miners will also be required to provide proof that they have put aside a certain amount of cash to rehabilitate the land once the mining is done."
#tin
@Abeng_babel So would that basically mean they operate the same way, dredging the ocean floor and simply selling the concentrate sand to TINS directly? Or is the process for them to get approvals more challenging now?
@OG_TINBARON @TinInvestor @Abeng_babel keen to get your thoughts on this. Granted there was spotlight with the PT Timah corruption case the last 18 months... but it sounded like the illegal mining was still widespread. Will this put a stop to it?
@OG_TINBARON I do wonder how long this can persist. Surely as operating rates reduce, inventory levels will continue to decline at an accelerated rate. What is it going to take for this imbalance to truly play out?