Quaterley Report

Looking back at the last quarterly report for the 3 months ending 30 June 2014, CSD stated that they had already drawn $20k of the $1m loan.

''As per last quarterly report
Estimated cash outflows for next quarter
$A’000
4.1 Exploration and evaluation 500
4.2 Development -
4.3 Production -
4.4 Administration 200
Total $700K
This equates to around an average cash outflow of around $235k per month
We are now in October 2014.
As at 30 June 2014 the Company has access to $980,000 under short term loan facilities
The Company is continuing to review near term capital raising options.''

Good luck all