CSD 0.00% 12.5¢ consolidated tin mines limited

Ann: Suspension extension-CSD.AX, page-48

  1. 657 Posts.
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    correct to a point Wobbellee

    the RCO figures only take into account the Mount Garnet deposit and that isn't the only source of ore for the mount garnet mill

    there are/have been various other sources including Baal Gammon, Surveyor and Balcooma

    Sadly the NSR isn't a great indicator of gross profit for the entity ( we'll call it that as it can't really be called CSD yet). God only knows what money has been spent on ( besides salary and bonuses)

    If there's no money in the kitty then it's gone somewhere. So long as it went on assets and development and not champagne and caviar then fair enough

    Ralph has a track record and if you dig into his history and general standing he seems the real deal and has placed a fair chunk of his own cash into this. The problem though is that Ralph is only one cog in a big machine.
 
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