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0.00% 12.5¢ consolidated tin mines limited

Kagara mined the Mungana (base metal) and trucked this ore to Mt...

  1. garndo
    224 Posts.
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    12/02/20
    12:26
    Post #: 42884998
    Kagara mined the Mungana (base metal) and trucked this ore to Mt Garnet and treated it at Mt Garnet. This was cashflow negative (materially so).
    If you are going to post - base it on reality.
    King Vol is a loss making operation - the entirety of Auctus was a loss making operation.
    Putting 2 loss making operations together (Auctus & Mt Garnet) and using debt finance to do so is not sustainable.
    CSD Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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