Hi Hottin, 2,479,381, to be exact, waiting on more funds over...

Hi Hottin, 2,479,381, to be exact, waiting on more funds over the next 1-2 months and will keep nibbling away if they keep being offered at these levels. SRZ was as high as 20c in 2011, I guess when they where producing, when tin had its last big run, but interestingly, tin LME levels at that time where still considerably highly than than are now. I guess that is why people talk about tin prices as high as $45,000/ton when you put previous tin price rises with the near all time stock pile lows and the lack of supply moving forward. Where is it going to come from and what can sellers get for it? Given that near 20% of tin currently comes from Myanmar (the only country to have significantly increased output over the past few years) and that much of this comes out of areas constantly on the verge of war (pricing pressure may further worsen this tension) and mine managers in the area are commenting that some of these mines may run out of tin in as little as two to three years (surface tin and not underground? or total tin?) so production has most likely peaked....then the deficit will only get worse....demand re batteries and cars is only going to explode if you follow the numbers China is talking about as regards their electric car revolution and how many and how cheap they want to produce them. SRZ has been as high as the high 50's at it's peak in '07.

The more we talk about it the more we may get others interested in the story. Your thoughts on ANW - they have started reprocessing waste and are looking to restart mining shortly and have a lot more chatter on their HC forum, with some good research from some such as Tinbull, Scottzhang, Senderos and others.

http://www.westmetall.com/en/markdaten.php?action=show_table&field=LME_Sn_stock

....and it continues $20,800, LME 2905 (2745 is all time low)....if you rework the numbers I have above with tin at $30,000US and AUD tin at $39,500, then the profitability doubles to $51M/yr!!! pe of 5 gives you a $250M company and we are at $13,5M!?!?

kind regards, SEAH.