Redmoor's current inferred high grade resource of 4.4 million tonne @1.2% SN equivalent in situ value at todays tin prices is A$1.5b.
And they are expecting to double or triple that.. so NAE's 50% is potentially a A$1.5b-2b tin resource
Only got to look at the LME tin stockpile depletion to see that tin prices are set to rise significantly soon
NAE one of the best leveraged tin plays at the moment imo
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- Ann: Lochinvar Coking Coal Project - 2017-18 Exploration Program
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