Great find Nani....

Great find Nani.

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

LME 3195, $19,875/ton (A$26,510 (0.7497))

Somethings gotta give! We are inside 200 tons of falling below LME warehouse levels of 3,000 ton for only the third time in 14yrs yet the price, whilst still in a rising channel, is still well below the level reached in Nov '16 and a long way below previous averages of during '10 - '14 of around $22-24,000/ton. China is using as much as it can get of everything. Myanmar has dug up all of it's high grade/easy to get surface ore and now has to go underground. Our MD suggests we will see a tin supply deficit for several more years going forward.....and demand is only going to go up with the rapid move from ICE to electric motor vehicles.....we have a $1-2B resource in the ground and an mcap of <$11m?....and the only sale yesterday was the 100k shares that I picked up at 2.9c....part of the issue is obviously the off loading by those that participated in the CR....our gain, their loss at this price....but maybe also the market mood at present....but with continued draw down in what is available something has to give and a rapid move in prices may well not be too far away?,

Kind regards, SEAH.