Kasbah Resources is a junior tin development company with a large, high grade tin deposit in Morocco
Kasbah Resources is a junior tin development company with a large, high grade tin deposit in Morocco. I use the term development because I am of the opinion that the flagship Achmmach project is likely to emerge as a leading global supplier of tin, a commodity where sources of new production are scarce. Whilst Kasbah currently trades at a modest $60 million market cap it has a number of attributes that in my opinion will see The Company through the current down cycle. The Achmmach project is a top tier asset in grade and scale and it continues to grow. The quality of the asset and management have attracted numerous international funds and offtake partners such as Toyota Tsusho who have been actively investing in the project development. Cannacord have composed a review on the tin market and players worth a read if you are interested in the space (VIEW LINK)
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