CSD consolidated tin mines limited

CSD - It is 2015! We are producing!!!

  1. 5,527 Posts.
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    Given the out-dated information sprouted by Multi-Q, I thought that I would share some light and re-post this again.

    Q mistakenly used the 2014 Independent Expert's Review that has since then be discounted in so many ways that is now very much irrelevant (if it wasn't back then). Since it was released:
    • A year has changed - we are in 2015.
    • CSD is in production.
    • Several Monthly updates (which I think he/she must have missed) have been released.
    • CSD has shown it is cashflow positive - $2.4 million first quarter, expected to make same this quarter and then spend a million on development of tin project.
    • Has had two quarterly updates, one financial update (from last half).
    • Made announcements about acquisition.
    • Combined boards.
    • Produced tin samples!
    • Conducted drilling (results are forthcoming).
    • Restated DFS is in July.
    • Confirmed Wanguo is onboard and conducting 3200 metres for greenfield search.
    • And the list goes on...
    Oh, and it was also stated that CSD is now in a position to develop its projects without sacrificing its positive cashflow. It is close to financing now, too.

    And then the statement about the DFS trumping the PFS from a financial aspect.

    So green fields, brown fields, project development and producer - looks damn good to me, especially since settlement and DFS are coming.

    ;-)

    Stay tuned.
 
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