Well 12 fold would equate to a market cap of around 500 to 600...

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08/12/14

18:50

Post #: 14428495
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Originally posted by theboywonder ↑

qqq is actually right in saying that a comparison between RVR and CSD is misleading

at the end of the day RVR hve to make a significant investiment in getting a mill up and running again - if at all.

CSD have access to a much larger mill with multiple ore bodies / sources

CSD appear to have a massive investment for growth in the form of Wangou unlike RVR

CSD (when all done and dusted) should have concentrates in transit/being smelted/ ready for payment etc whereas RVR will takes 1-2 yrs ( maybe more ) before being in the same position

and the CSD entity will be a diversified entity with tin copper silver iron fluorine and zinc/ silver which again appears a little different from RVR

I'm not bagging RVR here as they appear well placed but with a lot of hurdles.

CSD hurdles seem to be getting smaller and a 12 fold increase is possible if everything goes to plan IMO. However lets say 12 fold doesn't happen am I going to grumble at 3 fold ( a bit yes) 5 fold, 10 fold ? nah I think not and neither will I moan if it's more than that

I personally like the fact the Ralph and all belive enough to stump up the goods again - 3mill cash ( plus prior holdings ) is a pretty big gamble if this falls on it's face. That degree of certainty is fine by me

DYOR

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Well 12 fold would equate to a market cap of around 500 to 600 million dollars if I'm correct with my figures. This includes if the current proposition comes to fruition. Now do we think we could have a market cap of around half that in a years time to make it worthwhile to buy the options. What do I do?

CSD Price at posting: 4.8¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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