I thought I would reiterate the unique position CSD finds itself in...
Even at current production rates of 25,000 tonnes of zinc metal per year, if zinc hits US$3000 per tonne and at current exchange rates, CSD adds $30 million to its current positive cashflow position.
That is, CSD will have $40 to $50 million in positive cashflow (as it also producers lead, copper and silver).
Given once the shares are issued for the deal we will have a market cap of $37 million, I think we will see the re-rate coming soon enough...
;-)
It looks to be a very good couple of years for this Australian base metals producer.
Oh, and then there is the tin!
Toot! (You might be able to see why I'm a little excited about the things to come.)
Add to My Watchlist
What is My Watchlist?