How much do you think the alluvial part of the company is worth?
I've banged on about everything else but haven't mentioned the earning capacity or potential of our alluvial deposits.
How much do we have?
Given we are only worth $10 million and that's with a $110 million NPV hard rock project, plus the imminent purchase of the plant and base metals operation, I dare say the alluvial deposits might be another case pointing to how undervalued CSD actually is.
If the tin price goes up any further, I'll be flying to NQ to start digging it up myself. Hopefully, the company will get there before me.
CSD Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held