Just think, if settlement was finalised, CSD would have the claim of being one of the biggest zinc producers on the ASX.
It stinks that we are still waiting.
:-(
It stinks that IBG will rise today on speculation while CSD is hamstrung by its own doing, and even though it is making progress and now has access to funding, some tool(s) decide to sell down.
The fact that SRZ, KAS and VMS are worth more should be a hard slap to CSD. It seriously is time to either call the EGM or release an announcement saying the company will buy back its shares.
CSD, you have money. 10% of SPM or running costs with zinc prices and other metals on the rise should see CSD/SPM earn another $3 million a quarter above December's figures. IF you want to support your long-term shareholders, you will use those funds to clear the board. There would not be that many that want out...yet!!!
OR BRING ON SETTLEMENT.
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