Just trying to get my head around this. After WMR rejected the ore, Titan has been exploring other options to extract the it. CSM owns 14.5% of Titan so they are probably abreast of the issue. CSM is putting $500,000 into exploring other options. If they discover a workable option they can take out 50% of the resource.
As far as I can see there is only $500,000 at stake here which is 5.5% of the companies equity. They probably have a fair idea that this is a goer so perhaps the money will be money well spent. Seems like a good business decision to me.
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cosmo gold limited
Just trying to get my head around this. After WMR rejected the...
Currently unlisted. Proposed listing date: TBA
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