From CSD announcement on 30/01/2015 The cash flow figures...

From CSD announcement on 30/01/2015

The cash flow figures  released by CSD are purely estimates for projected cash flows for the March QTR

They are not actual cash flows as has been interpreted and stated several times

Estimated cash flows for next quarter
$A’000
4.1 Exploration and evaluation (500)
4.2 Development -
4.3 Production 4,250
4.4 Administration (1,380)
Total 2,370m

CSD have indicated via announcement  yesterday that The issue of 610m  shares to SPI has been  delayed and may now take place at around or after 30th June 2015. LOL

This is a crucial part of the MOU execution as others  have  stated how can CSD claim revenues or earnings from production until this is resolved .

''The Company is continuing to review its near term capital raising options.''

CSD has since announced they are in advanced discussions to raise capital (The IE report clearly indicated CSD will require significant funds going forward )

IMO, the market is clearly awaiting a CR and to see the terms, conditions and pricing ( dilution)

A- CR will clear some of the uncertainty regarding SPI's 79.51% majority and could help support some buying interest which will benefit CSD's share price..

DYOR