CCU 0.00% 5.8¢ cobar consolidated resources limited

Ann: Quarterly Activities Report , page-10

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  1. 229 Posts.
    The bottle neck in the Silver room is maxed out at 120kg a day thats it. Thats 100kg away from what they promised in december (roughly)With the costs of all the planned project work coming up i dont see a profit anytime soon.
    Break even would be the absolute best case event, real profit will come from a rise in silver price not from the plants capacity as it stands and improvement in there plant is a long way off at this stage.
 
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