csm has a mcap of $620 million at $2.72.csm has a 27% stake in...

csm has a mcap of $620 million at $2.72.

csm has a 27% stake in jml.

this stake in jml is worth $173 million at $1.47 per jml share.

jml has plenty of legs left with production only days/weeks away and benambra on the horizon.

the market therefore is only valuing csm's manganese, chrome, nickel, holding in bci etc etc at, wait for it....

$447 million.

and the board think we should sell 60% to gilbertson for squat.

go figure!