CSD 0.00% 12.5¢ consolidated tin mines limited

"The company is in advanced discussions with a number of...

  1. 13,172 Posts.
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    "The company is in advanced discussions with a number of investors and institutions to develop funding opportunities for the tin project and also for, and in conjunction with, growth and expansion opportunities. "

    Not sure which part of the above indicates urgency or seems strange Q they still have to fund the tin project even if it is starting smaller and later and talks can take months even if advanced and if its advanced then they have been in talks for months. Seems like prudent management to me. Also as mentioned its not just for the Tin project.

    As stated the project is cash flow positive and we will have to wait for the quaterly to see how cash flow positive they are but you can never have to much cash in this game.

    Nothing sinister here unless one is paranoid..just a long steady grind in a sector that has its share of risks.

    Cheers Whisky
 
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Currently unlisted public company.

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