CLSA in their research did not mention that Timah is now sitting on a
huge inventory of 25K tonnes of unprocessed tin ore, slag or
concentrate, which we can make a safe cost estimate of around 6,500
per tonne.

The current saga of tin price is relatively due to some technical
correction. Analysts and producers alike believe that the fundamental
of demand-supply remains intact. We'll see in the coming April the
fresh army of funds pouring a good deal of money into LME.


--- In [email protected], nicholas alvin <[EMAIL PROTECTED]> wrote:
>
> Harga timah $ 13.230,-/mt, net profit Rp 999 m ( EPS = Rp 1.988  )
>    
>   Sebagai perbandingan P/E  Yunnan Tin = 28.2 x
>                                    
>                                    P/E  Minsur  = 18,5 x
>    
>    
>    
>   thx
> 
>  
> ---------------------------------
> Don't get soaked.  Take a quick peek at the forecast 
>  with theYahoo! Search weather shortcut.
>




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