SRZ 5.88% 1.6¢ stellar resources limited

Tin price Oct, page-24

  1. 739 Posts.
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    Agree Hottin...I keep mopping up these lines of 300,000 that keep appearing, have accumulated some 2m shares now so a 5c to 20c run would be welcome. Was hopeful of a good run re rvr but zinc price seems to be retracing and LME zinc stocks are building again whereas small build in LME tin stocks/small fall in price and now LME stocks falling/price rising again.....and current price certainly looks like moving to previous range of $10/pd ($22,000/ton?).
    This would add 40% to profits and would markedly increase the value of the asset in the ground even before they dug it up. If they can continue with progressing the mine forward then the price should move substantially as the company gets closer to production.....even more so if there is continued pressure on LME levels,

    Kind regards, SEAH.
 
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