Zinc adding spice to CSD..., page-3

1st point - Yes, it is speculation. Welcome to a group of shares called 'specs'
And as established, SPI investment is not a mining group. When transaction was completed, the IE said it was fair.

2nd point - So why is KAS, VMS and other such companies significantly down? In fact, they are down further than CSD. Also note that a majority holding apparently had a 20% discount rate according to your beloved IE. So are you a bigger expert or are you now admitting your IE is full of it?

As I said, IF the zinc price hits US$3000 per tonne, using similar production rates of 25kt of zinc metal and exchange rate of 0.7698, then:

3000/0.7698 * 25000 = $97, 427,903

Given that is $30 million above price from the annualised 1st quarter expected earnings of $2.87 million positive cashflow (before exploration and taxes), annualised to $11.48 million, then expected positive cashflow would be $41.48 million.

Basic maths.

Mr Tong is not a miner so he needs some help... So did CSD to get project off the ground. It's a marriage made in heaven with all investors going to benefit from the projected earnings.

Back to point 1, it's all speculative until actuals come in - so we are waiting on the quarterly.

;-)