A day in the life of a mid-tier base metals producer...

As soon as settlement is finalised, CSD will have its hands on a $100 million (replacement cost) fully refurbished working plant, mines, acreages of productive leases and a tin project worth NPV of $110 million. Plus, a $20 million exploration program is already in play.

Today's close makes that all worth only $23 million fully diluted.
The tin project on its own is worth only $7 million??? Hmm
(The plant was purchased from Kagara for $40 million at a fire sale!!! Half price fire sale???)

IMO, this is extremely undervalued. The last two times it hit these prices, the following months were sensational. Fundamentals should see this trend continue. I'm not saying it will increase tomorrow... However, it will eventually increase, 7 to 10 fold, higher once the tin market jumps. TA and fundamentals both support this claim.

The company has only been around 9 years or so and it has achieved remarkable feats in that time, including developing its tin project, securing the plant from that fire sale, establishing long-term arrangements with Wanguo (the company providing the drilling campaign) and employing over 100 people.

Rather than kick them while they are down, maybe you should recognise their efforts and future potential.

Here's a chart, no squiggly drawings to persuade the viewer with, just pure data. Note that from the lows it has bounced up 7 and 10 fold. This time, I'm hoping it is bigger.