csd is now an interim copper producer!!!

WAKE UP MARKET!

Tin UP significantly and CSD is now a copper producer.

;-)

LME Tin closed at US$23,575/t
AUD exchange currently 0.8928
Aussie tin price: $26,405/t

Besides the share in revenue gained (free-carried) from the reported $130 million per year copper project, CSD has a project with a NPV of A$184.1 million before tax a base case tin price of A$24,000/t.

The current tin price sits $2,405 above the base case!!!

Furthermore, this is only based on 26,495 tonnes of tin, yet there is at least double that in the ground.

Currently the tin contained in the PFS is worth $700 million, then you have the iron and fluorite.

If you double the tin to what we know we have, then it is worth $1.4 billion!!!
PLUS THE IRON AND FLUORITE!!!

So why does the market only value CSD at $17 million?!?

Well, it won't be for long.

The DFS, and details about significant CAPEX and OPEX improvements that will further enhance the project economics, will be out by the end of March according to the timetables.

Top 20 own over 60% of the company and will not be selling. It will be a fight once the news finally breaks the mainstream.

This has been a dream for the last couple of years but it soon will be a reality. CSD shot up to 30 cents based on nothing more but an over-excited tin market. Now it has cash, an income flow and a pathway to tin production starting at the end of this year, and the tin market looks set to explode. (Even if it doesn't current values are all that are needed to make millions form this project.)

It is also proposed, with shareholder approval of course, that CSD will buy the Mt Garnet 1 Mtpa mill and concentrator, which will set it up for a very long-term, significant mining campaign in far-north Queensland. An update should be released very soon, some suggesting by next week (see Grahamsmith's post).

Now every time I post, someone decides to sell. If you are really lucky, you might just pick up a complete bargain. My thinking is that all those sells on the board are bargains anyway, but hey Mr Market has yet to realise the potential.

The 500k of shares (worth less than $40k) blocking our way will be quickly eaten up with everything soon to be revealed.

Of course, do your own research. The company webpage is a brilliant place to start.

http://www.consolidatedtinmines.com.au/

C'mon tin and c'mon CSD, it is time to join the big league.
2014 will be our year!!!