CSD 0.00% 12.5¢ consolidated tin mines limited

Ann: Major Shareholder Funding Support - $30m loan to CSD, page-15

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  1. 2,261 Posts.
    lightbulb Created with Sketch. 584
    in debt up to the gills with assets that hemorrhage cash run by d grade management = sh1tshow
    original lenders mentioned a year ago obviously did their dd and walked and no appetite from new equity investors thus leaving cyan holding the bag.
    might be an initial pop if it ever gets its accounts in order and driven by dimwits with short memories but next few quarterlies will see it probably make new lows as more debt and more loss making assets acquired come home to roost.
    dream on
 
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