ANW 16.7% 0.7¢ aus tin mining ltd

We really need semiconductor sales to recover as that's one of...

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    We really need semiconductor sales to recover as that's one of tins main uses but it may take for a resolution of the trade war to really ramp back up.

    But the good thing for us is that Myanmar is running out of tin.

    "Falling production from Myanmar is a trend. Definitely the tin market needs some new large scale mines to be developed. The most promising at the moment is Bisie."

    And the other positive for us is -

    "An incentive price of $25,000 a tonne is required for many new mine projects to proceed, but the pipeline is thin."

    With the Aud being so low and possibly going lower we do not have this issue. We still have excellent margins despite the drop in the price of tin so we can continue to develop and advance both Taronga and Granville and have two producing mines while the others will have fallen behind due to being unprofitable at current prices.
 
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