No record in the AR of Redowood being a CSM subsidiary. In fact there's no mention anywhere in CSM AR about a FMG holding (whereas they do mention their Portman and Minthril holdings).
I note however that CSM made $2.5M 'proceeds from sales of investments'. Perhaps that was the sale of FMG shares? They'll be kicking themselves now!
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CSM
cosmo gold limited
csm & fortescue, page-9
Currently unlisted. Proposed listing date: TBA
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VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
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