CST castile resources ltd
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is it going bust ?, page-17

  1. ForrestGump
    4,086 Posts.
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    17/01/03
    10:46
    Post #: 108180
    re: is it going bust ? - no Gaweb, gaweb, gaweb,

    You talk of twisting figures. The actual "cash burn" is $700k per quarter - not the $1m that you quote.

    The revenue figures that you quote are from the 01/02 Annual report. $379,000 of that revenue was interest. Revenue from sales was only $203,000 !!

    Are you trying to be silly? CST is still a speculative investment. I am not invested in CST for the current revenue figures (that would make me silly). If we followed your reasoning then it would be totally impossible for any new venture to get off the ground via an IPO.

    Anyway, in the end I am happy to be invested in CST and I presume that you are happy to not be invested in CST. Therefore we should both have a good weekend.



    CST Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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