CSD 0.00% 12.5¢ consolidated tin mines limited

merging or jv, page-2

  1. 5,527 Posts.
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    Hi Wizard,

    While I agree with you that a merger is possibly the better situation for CSD/SPM, I'm curious to know why you chose the arbitrary figure of 50% in your post. Why not 10%? Why not %100?

    I would also have to disagree with your statement that $15 million cash to CSD from SPI would not change the share price. The main criticism of CSD from people that I have spoken to is that it has no cash, although as we all know here, CSD is clearly funded into the near-term future, where it will then reap the rewards of the base metal production.

    Anyway, I guess we will find out soon enough. It is now only 43 days before Christmas, and 19 days left of November. Time is flying.

    ;-)

    CSD = Cashed-up Stannum Deposits













 
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