CSD 0.00% 12.5¢ consolidated tin mines limited

Based on announcement by the company of producing 5000 tons tin...

  1. 288 Posts.
    Based on announcement by the company of producing 5000 tons tin per year and cost of producing are between A$40 to A$50 million.
    At price of US$26,000 a ton that means US$80 million profit and that's more than double of company's estimation.
    Market cap.will reach $400 million at PE of 5 or 800 million PE of 10.
    AS no one knows what tin price might be in 3 years time but most agreed a stronger demand in 2011.CSD is on target to complete bankable feasibity study in 2011, then we should be able to rasie sufficient capital for it's mill by issuing further 300 million shares so (include exercising 20 cents option).
    It just take time to get there.
    Please DYOR.





 
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Currently unlisted public company.

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