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0.00% 5.8¢ cobar consolidated resources limited

Ann: Wonawinta resource increase , page-20

  1. Vayama
    9,286 Posts.
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    16/12/09
    13:56
    Post #: 6051478
    personally, I think the grades are too low at 50g/t

    i may be wrong but i recall the scoping study with $6oz OPEX was done on 100g/t

    smart money sold at 40 cents

    mining is some time away and it could reach $1 a share if OPEX of $6oz can be acheived

    so selling at 40 cents was smart IMO

    CCU Price at posting: 27.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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