From the NR dates, CSD will have about 24 days (Q1) of Cu production at:
a 9.85% free carry interest in SPM and manages the SPM project. CSD will receive a percentage of all profit made by SPM.
That will show up on the next Q$. Though not steady-state, it will point to cash flow going to CSD.
OV
PS Early1, succinctly, the post was a response to an off topic prior post wherein I in no uncertain way disagreed with the premiss of a Au presentation and "loudly" provided an investment thesis. 'Nuff said?
CSD Price at posting:
6.0¢ Sentiment: LT Buy Disclosure: Held
