CSD 0.00% 12.5¢ consolidated tin mines limited

You are actually incorrect - as part of the acquisition, CSD...

  1. 224 Posts.
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    You are actually incorrect - as part of the acquisition, CSD will be acquiring the Red Dome project (I suggest you review the ASX releases from Mungana Gold Mines [MUX] from 2010-2012) plus there is a large low grade resource at Mungana. Even though Mungana has since been mined, I doubt the resource number has materially changed.
    Of course, you would need to demonstrate economic viability, and also build a new plant (5Mtpa or thereabouts). If I was Ralph, I would be highlighting this aspect of the project rather than the base metals.


    Mungana - 48.7Mt @ 0.7 g/t Au & 0.19% Cu (1.1Moz Au)
    Red Dome - 69.2Mt @ 0.63 g/t Au & 0.24% Cu (1.4 Moz Au)
    https://hotcopper.com.au/data/attachments/2353/2353324-c3e0f1fe3392595cae5c667ce15e0aac.jpg

 
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