said it before but CSD are the only one in the project pipeline that could move into profitable production with a tin price sub $18 USD. ie ALL the others have fallen by the wayside.
That was based on Peter Kettles view and the situation for CSD is bostered by ongoing production/ cashflow ( positive ) etc etc
Things will only get better if
1) DFS is an improvement on PFS ( which is likely with better recoveries being touted)
2) falling AUD - she'll drop like a stone if the FED increase interest rates and any further jitters about China will then have an exaggerated response on a further falling AUD
3) a rising Tin price - ultimately a given with low stocks - it's not a matter of if but a matter of when
There was a time when the AUD / USD didn't matter that much and was the icing on the cake but now it serves us extremely well and I don't think most have taken enough note of the fact when comparing CSD to other 'hopefuls'
CSD Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
