http://www.westmetall.com/en/markdaten.php?action=show_table&field=LME_Sn_cash
Price moving strongly still and is up $735/ton in the past 7 days, only $50 below 12 month high hit in Sep '16, LME levels still below 3000 ton for 4 days now (previous only time below 3000 ton was for 2 days only - Jun '04). Tin price has been moving up around $1,000/ton for the past 4 months, which is consistent with the speed of previous big run up's in price, so $22,000 by end Dec '16 is not out of the question, esp. if LME levels dift lower still. Interesting to see if more shares are offered if the line at 4.6c is removed. Big gap between what is on offer and next level at 7.5c.
also, if the US finally does raise rates in Dec, it could send the $A Tin price higher quickly, along with $A priced gold.
kind regards, SEAH.
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