I sent CSM an email pointing out how I didn't understand their info on the price of Manganese. And I suspected their info was wrong. Got no reply.
Though I did get a reply when I asked if Mr. Kiernan would like to buy my shares. He replied "Yep".
Maybe for commercial reasons we can't find out what CSM is getting for their Manganese, etc. But I sure would like to know, and also the costs, just as Gold miners disclose the cost to produce each oz of gold in their reports.
I compared to 1st half year 2004 to 2005
Revenue rose $18.1M, but Cost of Goods Sold rose $28.8M. Can anyone see a breakdown of the "Cost of Goods Sold"? What costs? Waht goods?
Can anyone see (in the report) how much earth they moved, the quality of the ores, and the cost per tonne to produce of Mg, Ni, and Chromium?
Anyone know of other comparable Manganese producers in the world?
Can we compare CSM's performance to another Manganese miner?
Anyone know what impression the recent upgrades to CSM's recource base has had on the share price?
Seems like the market doesn't give a proverbial s... about CSM.
The major share holders have been trading in CSM since December according to recent announcement. Does that imply they think the share price owes them something?
I do.
Price in London hit 103 pence /0.424 = $2.43.
Now stick it in your pipe and smoke it.
CSM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held