Share Price Comparison

RVR vs CSD.

Consolidated Tin Mines Ltd.

Although the name suggests otherwise CSD are currently a Zinc, Lead, Copper Producer. They are located in Nth Qld approximately 200km north of Thalanga at Mt Garnet. They currently source ore from 2 mines with a mill of similar capacity to RVR....so a reasonably comparable peer.

Last quarter they milled 61 kt ...Rvr 99 kt.

Csd produced...Zn 2604 t, Pb 499 t, Cu 300 t ( metal in concentrate )
Rvr....Zn 3248 t, Pb 1352 t, Cu 336 t. ( metal in concentrate )

Csd grades were slightly higher or similar but their recoveries were much poorer.

$ 2m cash vs Rvr $ 17 m

Csd mkt cap yesterday $ 130m vs Rvr $ 75m.

So effectively CSD $ 128m vs Rvr $ 58m.

Whilst there are other factors to compare some for and against for both companies the valuation disparity is rather obvious....some believe the market always gets it right but I am not one of those.