CSD consolidated tin mines limited

Ann: Appointment of Managing Director , page-11

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    A little solace, a little reading between the lines:

    Mrs Annette Banning (spouse)
    Number & class of Securities
    1,100,000 unlisted options exercisable at 30 cents
    each, expiring 31 December 2014.
    1,100,000 unlisted options ex
    ercisable at 40 cents
    each, expiring 31 December 2015

    www.csdtin.com.au/wp-content/uploads/2014/02/2014-02-17 - Initial Director's Interest Notice.pdf

    This won't be just about making the missus happy. Note the expiration date and the strike. He's not a green rookie desperate for that first job either:

    Mr Banning is a mining engineering graduate of the Montana School of Mines. He is a highly experienced mining and management professional with 17 years’ experience in the mining and construction industries.

    Mr Banning was previously Regional General Manager for Australian base metals producer Kagara Ltd’s (ASX: KZL)
    Central Region projects. He has also worked for Stillwater Mining,Goldfields Australasia and BHP Billiton in a
    variety of senior positions at its Olympic Dam mine, along with management roles with Xstrata Copper and at the Renison Tin Mine in Tasmania.

    www.csdtin.com.au/wp-content/uploads/2014/02/2014-02-17 - Appointment of MD.pdf

    Would such a man, knowledgeable about both the dross of mining and the cream of the current crop, at this stage of his career, select a project with a less than certain future?

    As for the sell-off of 187,816 shares = $12,583.67, with a 6.94% drop, Oh dearie me!!!!!!!

    OV
 
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