$2 sp is virtually here now I am expecting $2.50 by the first qtrly report for 05.
The Chromite expansion will be completed within 6 or 8 weeks with higher production and sales.
Current high selling prices for manganese and chromite are better than first half 04 when full year profit was a record.
Must be some drilling results and developments in potential corporates plays from positions already established.
There is also margin lending available against the shares for serious holders not looking at day trades. The dividend more than covers the holding costs. Double the capital gain no interest cost.
CSM Price at posting:
0.0¢ Sentiment: None Disclosure: Held
