The tin market is trying to rebrand itself as ‘’.
This study is now used by many explorers and miners to support the ‘tin as a tech metal’ thematic.
It basically holds things together.
It’s not a big industry, only about three times the size of the cobalt market.
Regardless, tin prices are now above $US21,000 per tonne – up 60 per cent over the past 3 years.
Tin has been a pretty steady performer over the past few years.Subscribe to our Join our small cap Follow us on or Managing director Andrew Radonjic says tin might not be sexy (yet) but “steady wins the race”.
“Tin probably hasn’t been as volatile as those metals [lithium cobalt],” he told*.
“Their cash costs are probably less than $15,000 per tonne at prices of $30,000/ tonne.”
The Venture share price over the past year.“I’m hearing it more and more.”
“For [those projects] you need to go to first class jurisdictions like Australia and Canada.”
This underground scoping study is due for release in the March quarter this year.
Because the company is leveraging off the work done previously it can get these studies done for a modest amount.It’s becoming more and more prevalent,” he says.
“Importantly we can get the capex down to something like $50 million,” Mr Radonjic says.
It also helps that tungsten prices have also increased by 60 per cent since February 2016.
Mr Radonjic expects things to move very rapidly post-scoping study.
