CSD consolidated tin mines limited

Do a quick search on Kagara... You'll find the Mt G plant was...

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    Do a quick search on Kagara... You'll find the Mt G plant was the cornerstone to its profits, it sunk $20 million into exploration and bought Einasleigh from CopperStrike before it went pop (all ours now) and its margins were pretty damn good.

    Check out the following link, too. Gives sone idea about margins for Top40 mining companies. Obviously, there are some bad years involved but there are also some great years too.

    http://www.statista.com/statistics/208725/net-profit-margin-of-the-top-mining-companies/

    I'm pretty sure JB said at the EGM he works at a margin of no less than 10%. His comment was that he doesn't mine for practice.

    Anyway, hang in there Meteor... The next quarterly will give us further information. Meanwhile, using the company's last quarterly expectations, enjoy knowing we are banking $33k per day (at least). That's about $2 million since we've taken over... The share price will eventually reflect the potential, sentiment is changing and we are growing.

    Remember, cash speak volumes and that's the one thing CSD never had... We do now, though, we just got to prove to the market.

    ;-)
 
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