CSE copper strike limited
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With SYR at $4.60, even accounting for CGT, CSE's 'intrinsic'...

  1. ASXIOU
    931 Posts.
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    18/09/14
    09:42
    Post #: 13991835
    With SYR at $4.60, even accounting for CGT, CSE's 'intrinsic' value is approx 35cps.

    The SYR holding cost base is $2.1m. 30% CGT payable on any profit from a sale of SYR.

    CSE will receive 3.3m shares in Jacana Minerals once the spin-off is approved. This should also increase the NTA.
    CSE Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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