CSD 0.00% 12.5¢ consolidated tin mines limited

Ann: Agreement Signed to Acquire SPM Assets, page-71

  1. 657 Posts.
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    this news report claimed that the sale to Snow Peak for the very assets CSD are (hopefully) about to aquire was unfair - the sale was going to bring in $40 million for assets touted to be worth $400 million

    http://www.bobkatter.com.au/media/letters/view/248/questions-raised-over-kagara-deal/media-releases

    In reality the figure will be somewhere between the two but the plant alone to rebuild / replace would be more than $40 million ( it took $3million in a refurb to get out of care and maintenance)

    DYOR as always
 
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