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FROM THE CAPITAL
Expert queries tin-miner risk
Kasbah Resources directors want us to believe that an investment in the Moroccan tin mine developer carries no more risk than a holding in an S&P 500 company.
To value the company's Achmmach tin project in Morocco, Kasbah Resources directors used an 8% real discount rate. The company's chief executive has referred to the resulting US$73.6 million project value...
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