CSD consolidated tin mines limited

Early, Thanks for your research below It is important to...

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    Early, Thanks for your research below

    It is important to research all aspects of a company before any comparisons can be made

    The Most 4 crucial aspects that need research before investment are:
    Liquidity
    Spread and Ownership of share capital
    Track record of Share registry dilution
    Previous track record of capital raisings

    None of the companies listed below have a majority holding of nearly 80% owned by one individual overseas shareholder

    Your research always neglects this vital detail
    As even the IE report stated that such a large individual holding by one entity or individual MAY be a deterrence for any potential investors buying shares in CSD

    This individual will have nearly 600m shares which are deemed at a purchase price of 5c =all coming out of escrow in less than 20 months

    IMO,
    The market is awaiting further news on a CR and how this majority holding will be diluted as it now appears to be a major hurdle going forward.

    The mou has not been finalised and the shares to SPI have not been issued as yet.

    With Tin prices out of favour at present, it will be interesting to see if the mou transaction is finalised as at present the only revenues or earnings are from SPM assets


    ''Although, I've been looking at the zinc specs, developers and producers all day and from what I can see, when people realise what CSD has going for it, then all should be good.

    I found four producers:
    KBL - Which is losing money! (Note too sure what is going on with them but they don't produce much zinc anyway, I think about 1ktpa???)

    AMI - It has $105 million debt and a $99 million MC ($204 million enterprise value???)
    Only 10ktpa of zinc but does have gold.

    IGO - Which has a $1.3 billion dollar market cap (diversified miner, PE of about 18)
    50ktpa of zinc, plus others so deserves market cap.

    Then there is CSD.
    25ktpa of zinc, plus others so it definitely doesn't deserve its market cap. It's gotta start flying once those damn shares get issued. I know, I know, all in good time but let's hope they hit those first load of figures. I'm hoping for that $2.37 million positive cashflow for starters.''

    DYOR and always rely on actual revenues or earnings releases from Audited company management accounts.
    Last edited by Merchant2000: 27/04/15
 
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