To be fair the PMM investment profit cannot be assumed to reoccur in the next half - it will in "kind" once the REM takeover goes through which to a good extent is to be paid for by the profit on PMM.
There are other corporate plays in place (and I think there will be more) which, in time, will priduce a profit one way or the other.
The second half will reflect significantly increased production capacity (pre sold) and higher selling prices.
I agree with you CSM continues to look good.
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CSM
cosmo gold limited
1st half profit, page-2
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