CSD 0.00% 12.5¢ consolidated tin mines limited

Ok guys I did a bit of research to find the Market Cap of a few...

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    Ok guys I did a bit of research to find the Market Cap of a few companies that made between $22-68 million net profit in the last financial year.

    EHL $49m $637m MC
    ERA $47m $905m MC
    ENV $45m $961m MC
    SBM $68m $726m MC
    ACR $57m $574m MC
    ABY $57m $346m MC
    AHE $31m $547m MC
    CGX $60m $783m MC
    DRA $21m $100m MC
    PAN $22m $289m MC
    PPC $22m $391m MC
    RMS $62m $366m MC
    RSG $61m $814m MC
    SLM $36m $440m MC
    EZL $26m $200m MC

    Of course there's a lot of other variables that contribute to the MC of a company, however if CSD can make upwards of $20m net profit annually, which is looking very likely once production begins at the end of 2013, then what should our MC be?

    5000 tonnes tin concentrate x $25000 per tonne = $125m

    minus costs of $12000 per tonne

    (5000 x $12000) = $60m costs

    $125m - $60m = $65m profit

    This is not taking into account any of the Iron Ore, Copper, Fluorine, Copper, or Zinc by products either.

    So there's a lot of upside from here, unfortunately with no news due for probably 4 or 5 months going on the drilling results turnaround from the last drilling schedule, impatient investors will probably have sold us down to 4c by then.

    Very interesting indeed!






 
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Currently unlisted public company.

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