CAPITAL MARKETS

Private investor backs tin play

THE strong tin price increase in 2016 has woken the small sector up from its slumber, with Thomson Resources attracting the attention of a North American private investor to its Bygoo project in central New South Wales.

Michael Quinn
Private investor backs tin play

The unidentified investor can earn 51% of Bygoo by spending $A3 million and has an option for an additional 25% for $22 million. According to Thomson’s CEO Eoin Rothery, the unsolicited approach a couple...

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