CSD 0.00% 12.5¢ consolidated tin mines limited

a taste of things to come...?, page-14

  1. 5,527 Posts.
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    Lol, Kelpboy... I took it as a compliment.

    ;-)

    It's good to know that you are up in Cairns but I do hope that the bar talk is incorrect. I will be visiting there soon, along with some others I suspect, given that the AGM should now be the BIG one.

    And yes, Minaplaya, finally no last minute sell down. I am thinking if we get rid of that last persistent Top 20 seller, it could be the impetus for us to go forward in leaps and bounds. We will have to wait for a week to find out if indeed it was them.

    The only issue I see now is that the price will get stuck at 9.5 cents!!! Perhaps I should add my 40 cent sell again. Lol.

    But now to be grounded...

    I'm thinking the PFS will be positive and released, by my guess, towards the end of September. Then shortly afterwards we will have the 'commercial arrangement' talks and finalisation.

    In terms of the share price, I would suspect it to spike before the PFS release, drop slightly as people get unexcited and then go again for the 'JV'. How high will depend on a few things, like the price of tin and the progress of SPM.

    In terms of announcements, we should have an annual financial statement in September (last year it was released on the 10th) and then the Annual report and notice of meeting in October (last year it was the 10th), followed by the meeting in November... I wonder if that was on the 10th?!?

    And finally, in terms of share spikes, I was thinking that the mill and concentrator start-up would have given the SP a nice kick start, and then the possibilities of forward sales. Does anyone know when CSD could start selling the tin as part of future sales, or get that take-up agreement? This could provide CSD with some much needed funds and give us that ultimate jump.

    As I said, I am/will be disappointed if the mill and concentrator isn't started soon. From memory, I think I read that Ralph was expecting start-up in April, after the wet season. We could very well be back into the wet season if we do do not hurry. Unfortunately, everyday we get closer to the September date, we also get closer to the next wet season. I guess, time will tell.

    ;-)

    I'll stick up the weekly and monthly charts later, unless someone else does it first.
 
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