CSD consolidated tin mines limited

$2.54 million positive cashflow since acquisition???

  1. 5,527 Posts.
    lightbulb Created with Sketch. 31
    Not many companies can say that they have positive cashflows...

    CSD can.

    Base metal production (zinc, copper, lead and silver) reconfirmed on every announcement, and last quarterly shows that they are expecting to bank $33k per day.

    Given its been 77 days since acquisition, that makes for $2.54 million.

    Obviously, this quarterly will confirm some of the numbers but it looks good from here. At current level, the share price is crazy. Compare this to the biotechs and you will see that this Australian producer is so undervalued!

    I think we have a seller at 5 cents though...
 
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