not proceeding with ferrochrome smelter, page-11

Hi Rosco

I had a read.

All looks promising. The website states that drilling is ongoing this month for the Fe[O]

The broker research reports are also interesting. It is still difficult to work out the current share price considering most brokers currently value CSM at around 80c and the profit looks like increasing in the next few years as well as a bit of blue sky with the iron ore.

I'll have a nice cheque arriving soon after the takeover of SBE by AMP Henderson. A fair bit of that will end buying CSM shares.

Cheers Chinkiat