Zinc/copper production and tin!!!

From company update:

"As a result of becoming a base metal producer, the company will be focused on maintaining a positive cash flow from this production. The company intends to progressively diversify into tin production. The initial tin project production target will be scaled down, at this stage, from 1mtpa to approximately 300 ktpa throughput (approximately 2,000 tonnes of tin metal in concentrate pa). This will reduce initial capex and also allow for the continued utilisation of the poly metallic circuit for base metal production. In addition this will allow the company to utilise the latent comminution capacity for the tin project which will further reduce initial capex."

Given Indonesia is jumping up and down and wanting tin to be above US$23,000 per tonne ($29,000 Aussie), then that tin might just be enough to get me excited about CSD again.

http://www.steelguru.com/internatio...ree_to_curb_sales_to_revive_price/359587.html

$15k profit times 2000 tpa = $30 million per year!!!

Hmmm, and base metal production continues.