CST 0.00% 7.6¢ castile resources ltd

G'day malta,"I am trying to give this forum what some analysts...

  1. 4,086 Posts.
    G'day malta,

    "I am trying to give this forum what some analysts are currently thinking."

    It is very exciting that you now have MULTIPLE analysts covering CST. That is a big step forward. I would be interested in knowing who the analysts are. I would also be very interested to know if the analyst from your previous thread has in any way changed his opinion now that he has been given correct figures?

    I honestly don't mind if he still thinks CST is a pile of steaming cow dung - I just think that his opinion should be based on correct figures.

    "This company is very speculative. It is possible to make large amounts of money, and it is possible to lose it all (or most of it)."

    Of course it is a speculative company. I hope you didn't pay the analyst for that piece of wisdom.

    "So I think that one of the most important things in this area is to check is how much cash the business has, and how long can it keep running at existing levels before it needs more.

    Looking at Cellestis, I note that it has $14 million in cash and has now started to turn a profit. So perhaps this is one of those companies that makes it. Certainly its “story” sounds good -- but they generally do."

    Well, as you (or is it your analyst) say, CST is not going to need more cash. Therefore this is a superflous comment. Let's be very clear here - CST IS NOT BURNING CASH - IT IS BOTH CASHFLOW POSITIVE AND PROFITABLE. We are now well past the stage of a "story".

    "The annual meetings are typically very small"

    Not that it means anything in the big scheme of things but the CST AGMS are usually attended by a couple of hundred people (my estimate).

    I hope that, unlike with your last thread, that you will engage in the conversation so that we can all learn.


 
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