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12.5¢ consolidated tin mines limited

Ann: Quarterly Activities and Cashflow Report - App 5B, page-3

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Meteor

13,592 Posts.

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31/10/19

15:16

Post #: 41175178
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Originally posted by Maverick1975: ↑

Another very poor quarter.
Even with lower throughput but higher graded and cashflow benefit of selling conc stockpiled at the beginning of the quarter it burnt another $7m with only $2m left now. Even if it turned off the exploration that wouldnt save a material amount

Cyan need to start lending again, just to keep the lights on, let alone fund growth capex...
...or Patersons start trying to do a placement to its retail muppets

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Gee!! Did you even bother to read the whole ann and "inwardly digest" the details??

As an example, the co put through 61K during the Qtr. It said the mill is expected to reach the cos throughput in Dec 2019 Qtr. Do you know what this means?? Do you know what this would translate to on the sales side??

CSD Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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