AFMJF - Alphamin: The Right Metal But Not The Best Jurisdiction
- Alphamin is one of the largest tin producers in the world and is benefiting from the recent tin price increase.
- Unfortunately, its mine is located in the DRC which hardly is a Tier-1 mining jurisdiction.
- The mine is generating excellent cash flows at the current tin price levels but a longer mine life and higher tin price will be needed to justify the current valuation.
- The management has done everything right and is now surfing on the waves of the high tin price.
For further details see:
Alphamin: The Right Metal But Not The Best Jurisdiction