CSD consolidated tin mines limited

Did somebody say comparisons???

  1. 5,527 Posts.
    lightbulb Created with Sketch. 31
    Interesting to compare the following companies...
    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6
    1 Code Name Market cap ($) Reveune ($) Net Proft bef. Abs. MC/Net Proft bef. Abs.
    2 MLX Metals X 397,292,666 65,915,677 15,526,822 26
    3 TRY Troy Resources 167,752,749 202,715,000 16,139,000 10
    4 CSD Consolidated Tin 52,836,863* 73,983,969* 16,589,278* 3 *EXPECTED
    5 AGO Atlas Iron 640,847,310 695,137,000 16,923,000 38
    6 TGS Tiger Resources 265,141,346 215,794,590 17,733,571 15


    Of course, CSD's values are once the acquisition is completed and based on expected production rates from OFFICIAL ASX releases. (The notice about acquisition should be out in the next 2 weeks, hopefully.)

    The production figures should be fairly accurate given that the Mt Garnet concentrator is operating continuously with a through-put of approximately 1,000 ore tonnes per day, and has been doing so since March, with 10,096 tonnes of copper concentrate produced in the July quarter.

    For confirmation, see: http://www.csdtin.com.au/overview/

    And here is the updated figures using unofficial LME closing prices and AUD. (Everything is diluted.)


    Naturally, someone will say it is all crap but I wonder where all their figures are? It is easy to knock down a house of cards, much harder to build one, but hey, my ignore button works wonders, and I'd suggest others do the same.

    ;-)

    Anyway, enjoy long-term holders and suck it up non-holder quackers!

    PS - WHERE IS MY WANGOU AGREEMENT?!? (Yes, I'm still fuming.)
    PSS - I only looked at mining companies for the comparison, and only with similar Net Proft before Abnormal figures. Interesting to see MLX having similar figures.
    PSSS - The $110 million (after tax) tin project has not been included.
    PSSSS - Net Assets will be around $130 million once acquisition takes place.
    PSSSSS - The potential with an increase to double the production rate and billions of extra revenue from the BLOODY WANGUO agreement, has not been factored into anything.
    PSSSSSS - $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
    PSSSSSSS - QUACK!
 
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