EGM, page-23

The mou to acquire SPM assets was signed on 27/10/2014

The only changes from when the MOU to acquire SPM assets was announced 7/7/2014 were the $2m payment to spm in lieu of 20m less shared issued to spm.

Almost 4 months of discussion without basically any changes.

The mou that was announced originally on the 7/7/14 contained many specific and complex details regarding the consideration that SPM would receive from CSD for the acquisition of all its assets and tenements.

One would have to assume that that would have taken a considerable time( many months) to determine and draft up an mou that both CSD and SPM would put to the market prior to the announcement on the 7/7/2014.

imo, I believe at least 6-7 months of discussions to date have gone on regarding this new mou which superseded the previous mou and another 6 months of discussions for the previous mou announced in Nov 2013. imo, this is a farcical that so far has gone on since well before Nov 2013.
imo, the proposed majority holding by SPM / SPI is the reason behind all these constant changes, dealys, uncertainties and missed deadlines.

imo, Shareholders deserve better treatment.


DYOR DYOR