CCU 0.00% 5.8¢ cobar consolidated resources limited

what timing, page-5

  1. 455 Posts.
    lightbulb Created with Sketch. 6
    Ozziebob you are correct , I am aware of there struggles , the positive I am taking out of this is that the are buying more time to get their production process right , and not going into Administration .

    However my disclaimer is that the buying of more time will depend on how that extra time is bought , and I guess we will know tomorrow morning.

    If based on the positive announcement tomorrow you then have the combination of the POS going up and that they can get to production levels of 200k plus per month from March onwards they will have some fat left to slowly reduce debt.

 
watchlist Created with Sketch. Add CCU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.