Yunnan passes the tin around
Publications: The AustralianDate: May 08, 2007
Only a few years ago, tin was losing its markets, but now it is increasingly used to form alloys with nickel and copper, and for computer solders.
Melbourne-based lawyer Robin Chambers, a leading figure in China's growing involvement in Australian mining, is to become the third director, representing Yunnan on the YTC board.
"The key for success will be the expertise that Yunnan Tin will bring. The first board meeting, this week, will be looking at additional opportunities as well," Mr Chambers said.
To be successful, the company "will need to inject very serious capital" - possibly hundreds of millions of dollars - Mr Chambers said. Future capital raisings will be based on a higher share price than today's 25c, he expects, "providing the areas shape up to expectations".
Download Full Article: Yunnan_passes_the_tin_around.pdf - [58.916KB]