Our preferred tin exposure, Consolidated Tin (ASX: CSD) has taken a major step towards achieving production status during 2015
Our preferred tin exposure, Consolidated Tin (ASX: CSD) has taken a major step towards achieving production status during 2015. The company's flagship project is its advanced Mt Garnet tin project in northern Queensland, where Prefeasibility Study work was completed during Q3 2013 and the company is on track for first tin production during H1 2015 following completion of what is expected to be a robust Definitive Feasibility Study. In the meantime, CSD has taken a major step towards production status with finalisation an agreement to acquire major shareholder Snow Peak Mining's nearby Mt Garnet mining and production assets. This dramatically reduces the project capex, funding requirements, development timeline and investment risks associated with transitioning to production status. We believe it's a major game-changer for the company.
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).