Tin price motoring. Surprised not more interest here. I'm sure it will come.hTTps://twitter.com/tinpricebot/status/1667070560889864192?s=61&t=OPWPOeWZxD1L0Ap29u5T3A |
Tin currently up 1.29% and through $26K hTTps://twitter.com/tinpricebot/status/1667052172855635968?s=61&t=OPWPOeWZxD1L0Ap29u5T3A |
Yes ta for that Parob - good luck all |
Fair play, you called that tick up. The gearing into the tin price is significant here, so fingers crossed that the current momentum continues. |
Tin futures surged above $25,600 per tonne, the highest in over three weeks on expectations of a supply shortage in the global tin market. Despite China's slow demand recovery, the upcoming prohibition of tin mining in Myanmar's Wa region and Indonesia's export ban on tin ingots are set to significantly tighten the market. Starting from August 1, 2023, all mining activities, including exploration and processing, will be suspended in the Wa state to preserve remaining resources. Additionally, Indonesia aims to encourage domestic processing by banning the export of tin ingots. Looking ahead, prices are expected to continue rising in the long term, supported by strong demand from the energy transition and green technologies such as solar panels and electric vehicles, along with the persistent tightness in the market.https://tradingeconomics.com/commodity/tin |
Tin price up again and closing in on $26000.hTTps://twitter.com/tinpricebot/status/1666302076065046528?s=61&t=OPWPOeWZxD1L0Ap29u5T3A Hopefully it will break northwards soon and the 1SN share price will go with it. |
Would be nice to see a run up into the 11-12p area which I think is fair value personally, given the great projects they have. |
Yup interesting burst of buying indeed |
We'll probably end up red again :( |
Yes, it is worth repeating that this is one for the patient. Though if the tin price spikes in the meantime, this will go with it. |
That's Q3 2024, not 2023. |
Good progress. If they're hoping for a decision in 4 months they must know that the permitting authorities are in strong support. |
Echo bubble of last year's pump to 15p. |
Some idiot has dumped 200k well below the bid. It's a relatively modest £14k worth, but in this illiquid stock I expect it will drag us down another half penny. Sigh. But it could be an opportunity to a buyer of course :-) |
Yes not bad, 40-odd grands' worth, not huge but he has been buying all the way down. Another few like that from other directors in the coming days/weeks would be ideal. |
Always good to see a director buying in the market - another meaningful purchase. |
Positive news, but this still all about the price of tin. |
This share seems quite illiquid. Not surprising I suppose with almost 50% owned by directors and a couple of large holders... |
And back to square 1... well, nearly |
All about the tin price really - great fun to be had here if it spikes again. |
Are there any broker forecasts for 1SN? |
Just been reading up after a tip elsewhere. Looks promising, market cap barely $25M and a DFS for a high-IRR, low capex mine in Oz due in 8-9 months, and another in Germany in probably 12 months' time. Obviously they'll need further funding for capex in 2024, but I would hope that they would be able to raise this at a substantially higher SP? The CEO and chairman bought decent amounts at more than twice the current share price anyway, and have good skin in the game at 10% of the company between them. |
How many shares in issue here? |
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