7.3mt jorc tin @ 0.6% sn, 2.5m mc! go figure

Tin is the best performing LME commodity, currently almost US$22,000/t. This bullish sector saw the likes of KAS from 6.5 in mid jul to 14c today (MC>30m). VMS from 25c in Jul to 50c today (MC=90m).

CSD has 7.3mt JORC @ 0.6% Sn (tin), which is half the size of VMS's defined JORC resources at same grades, but 1/30th of VMS's MC.

At 3.7c, CSD's MC is only 2.5ml, 400k cash. RC drilling being planned at the moment, which will be funded by placement of shortfall entitlement shares.

I think when they announce shortfall is all taken up, it will move quickly as the funding concern is addressed.

CSDO, ex 20c, Dec 2013 may be a very good punt if a big re-rating is to happen on CSD, following the tails of VMS & KAS