Life cycle of a Junior Explorer.., page-9

I'm sure you've been following CSD for some time so you'd know things like the fact last quarter metal prices hit rock bottom and the fact CSD actually made a loss was to do with the expenses towards the finishing touches of its DFS.

Here is the zinc price for that last quarter and now. Up $400 per tonne... Just on the zinc produced last quarter, that's another $2.8 million to the bottom line.
(7189 tonnes of zinc produced.)



Why I say that?

Well actually, the extent to which SPM is cashflow positive is still unknown and won't exactly be known until settlement (possibly afterwards).

Like I said, I could go on... Such as adding the fact the replacement cost for the mill is set to $100 million. The fact about the lease not being worth $16.5 million as it is probably worth a lot more given it was a sale between a small explorer and a producer. Don't forget all the trained and now experienced staff... The list goes on and $6.5 million doesn't even catch a cold let alone a mid-tier base metals producer.

I think I said this before, non-believers don't need to hang around. I know of a few that are adding to their positions as they know CSD is starting to shift into gear.

Good luck to you.