CCU 0.00% 5.8¢ cobar consolidated resources limited

not able to pay bank on time, page-17

  1. 3,754 Posts.



    Cobar Consolidated Resources celebrated the largest silver shipment since production started in July 2012. The shipment which left site on 12 December 2013 was a record 100,007oz of silver dore. Total silver dore shipments for the month of December to date are 131,500oz and silver dore production for the month of December to date is 125,600oz.


    As far as not being able to make the payments...read above.

    Dec was 125600oz...at $20 per once =$2512000 Jan is expected to be a bigger and better output

    1.9m for january....dec was 2.5m so I think no worries.
    If they fall a little short on the payment banks normally are happy to let it ride a little...simply means more money in interest for them.

    read the announcement on the 20th of dec 2013

    Myself im buying up.

    cheers.
 
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