Currently out but that is positive as far as it goes. Waiting for the tin price to tell me it is time to get back in. Cash runway still an issue for me. |
And that's why the share price is where it is today. |
Do you not agree though that the current cash runway is not long enough for lift off? |
Junior exploration companies around the world are priced for failure at the moment and its vitally important for any of these companies to get at least one mine up and running into production as quickly as possible. |
How can that be wrong...?
I have 500k shares at less than a quarter of the debut price...
And the tin price was c$43,000 at that time.
I weon't lose money if I hold through production and its a fair two way b et in the meantime.
I reckon this is another ATYM, which I bought at 80p and currently hold at 350p.
Both European mainland mining stocks meeting a growing need.
Both will be paying me dividends down the road, with capital appreciation in the meantime... |
Strange investment strategy if you base your purchases on the IPO……230;but each to their own I guess………… |
The current cash runway is not long enough for lift off though - that is why it is so cheap and such a binary bet on the tin price. |
Cheap as chips...debuted at 30p+
Just increased my holding by 53%...
Now for the tin price and a patient weight.
Total belief in Ingo... |
What I've been hearing more and more, with in the next year, next 12 months there are many junior mining and exploration companies that will be in the market trying to raise more funds.
Unfortunately there is very little liquidity around for this and what there is will be expensive, hence the current First Tin share price.
The last thing First Tin wants to do is to go down the Royalty road as this will encumber the project which kills the level of interest from producers that may wish to buy the company.
Royalties = Red Flag = lower share price. |
No new funds since Spring of 2022.Tin price of course influences but it's all about at what price they will have to raise next for me now and how £ much of course.Seems company is putting out lots of news at the moment and I am guessing they are hoping the shares will rise as a precursor to said raise. |
The tin price is the key to that too. |
And the reducing cash pile of course. |
Again, a positive RNS, but the tin price remains the key to this. |
Yes, but has that changed? |
It's not just about the price of Tin, it also about the AISC or projected AISC of getting the Tin out of the ground in the first place. |
They have, only for us to see a painful drop. A little worrying when (last time I looked at least) the tin price is relatively steady. |
Agree! Let's see if volumes pick up. |
Again, a positive RNS, but the tin price remains the key to this. |
Zero volume says it all. |
Positive RNS, but the tin price remains the key to this. |
Now we just need the tin price to cooperate. |
As before, low grade but a lot of it and with open pit potential. |
Very nice bottom forming on the chart. We aren't plunging anywhere.IN the meantime Tim goes through $29000 htTTps://twitter.com/tinpricebot/status/1684240030523625472?s=46&t=_ybVnpe01AP_F1Pw0JqKTghTTps://twitter.com/jamesiebabie1/status/1684226649733099520?s=46&t=_ybVnpe01AP_F1Pw0JqKTg |
Whilst we plunge slowly .... |
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