Hi all.
Yesterday's presentation was mainly about Snow Peak Mining. I took down several pages of notes and will pass them on once I get time to review them. IMO, although this is only one part of the CSD story, I was amazed on the size of the operation.
From the presentation, two things hit me.
First, John Banning was enthusiastic, intellectual and knew his stuff. John ran the show in front of an audience made up of a large Chinese delegation, some brokers and other investors. I was slightly overwhelmed which brings me to the next point. As I stated above, this is BIG, especially given where we have come from.
The formal celebration of the mining operation was huge too. Comments from the Chinese representatives and the Australian politicians was music to my ears - they are all fully supportive of the plan and vision heading into the long-term future. As Hi all.
Yesterday's presentation was mainly about Snow Peak Mining. I took down several pages of notes and will pass them on once I get time to review them. IMO, although this is only one part of the CSD story, I was amazed on the size of the operation.
From the presentation, two things hit me.
First, John Banning was enthusiastic, intellectual and knew his stuff. John ran the show in front of an audience made up of a large Chinese delegation, some brokers and other investors. I was slightly overwhelmed which brings me to the next point. As I stated above, this is BIG, especially given where we have come from.
The formal celebration of the mining operation was huge too. Comments from the Chinese representatives and the Australian politicians was music to my ears - they are all fully supportive of the plan and vision heading into the long-term future. As Moorpett/Mina have been stating, this has the potential to turn into a 30-year operation with very little risk/work. John Banning alluded to this in his presentation.
For CSD to be part of this is quite remarkable, remembering it had maybe 4 or so staff on the books a couple of years ago, and now it has over 100 people under it, although they are mainly working for Snow Peak.
Of course, I'm sure people will claim that I'm just ramping here, but I can honestly say I'm impressed so far. I'm trying to keep my emotions out of this post, but you must understand that I am a long-term holder with a fat piece of this yummy pie.
Anyway, I'm off to visit the plant today and I will see about getting some of those pictures. It might take some time to post though, perhaps when I get back home.
I will get to your emails and the answers to some of those questions but my network/IT here isn't that great, I'm currently working off my phone. (I'm even finding it hard to follow the market.)
TOOT, TOOT, TOOT!!!
;-)
PS - This is the second post that I have tried to do this morning, so I hope you can appreciate my annoyance of the IT situation, and it will only get worse today as I head out bush! Also, please excuse any mistakes and I might wait until I get home before I reply again.
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