CSD consolidated tin mines limited

Looking back at the last quarterly report for the 3 months...

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    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
 
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