CSD 0.00% 12.5¢ consolidated tin mines limited

MOO is nothing special, it just has feed stock, perhaps ready...

  1. 5,527 Posts.
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    MOO is nothing special, it just has feed stock, perhaps ready for CSD's mill and concentrator. The only reason I mentioned MOO is because it will earn 2.5% smelter rights from the ore at BG. This, in my opinion, sets it aside from the other specs.

    And if you are talking about the NPV of $79 million for KAS, then yes, the more realistic tin price of US$21,961 is used. However, they quote a higher tin price of US$23,150 to achieve a higher NPV. To me, it's just another trick to be aware of, and something I can't stand - manipulation of figures to sell a company.

    :(

    If only Ralph advertised CSD's NPV based on the US tin price. At US$21,513 and a NPV of US$98.6 million, people might be able to see the value - a lower tin price but a higher NPV than its peers.


    Hmmmm.

    Perhaps our grades aren't as good, but the by-products surely make up for it.

    ;-)

    And welcome OceanViews.
 
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