CCU
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0.00% 5.8¢ cobar consolidated resources limited

sprott refinancing, page-20

  1. jeffy
    497 Posts.
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    18/03/14
    14:35
    Post #: 13141617
    Just a thought ahead of tomorrow's announcement of the Take-up of the CR & "financing initiatives".The Sprott announcement came one day before the CR closing.A very poor take-up would have been a known factor .Eric Sprott is a Canadian billionaire & strong Precious Metals supporter.I suspect he or others will come to the party with a shortfall proposal-highly dilutive for current SH's but the alternative is ??-I supported the CR & still believe CCU is a buy ,mainly due to my belief of the POS going forward.
    CCU Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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