Share
87 Posts.
lightbulb Created with Sketch. 4
clock Created with Sketch.
17/05/18
11:27
Share
Originally posted by moorpett
↑
it really depends on what their plans are for CSD and that's why I want to see the prospectus, going on what we know DRS, SURVEYOR AND BALCOOMA will provide a nice copper rich blend to the high grade MT GARNET DEEPS zinc for the foreseeable next few years and then the 3 year plan is to develop einsleigh with the 2mtpa plant giving a total of 3mtpa capacity at both sites, einsleigh is of course high grade copper with high grade zinc as well so very profitable at current prices, then as CSD own the land around GILLIAN a seperate tin plant could be built depending on future poly ore for MT GARNET or convert the current mill, who knows where the tin price will be by then.
cyan banking on a min of 50cpsh on relist and I agree but the upside is unknown so could be a lot higher, a resource upgrade for all tenements is due this qtr with the prospectus so again I'm waiting for that but $1min is my preferred guess, I can see $50mil profit pa on what we have now.
Expand
....With a relist SP of $1.00 it would be difficult to have the staminer to "stay" and ride any further gains IMO......that is according to my "staminer"... I think I would be doing skips all the way to my bank....$$$ Ha Ha