CCU 0.00% 5.8¢ cobar consolidated resources limited

Ann: Capital Initiatives , page-40

  1. 9,111 Posts.
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    Yes, not a good look and feel for holders in what looked like a very good prospect and was sold to the market as low capex and simple. CCU were going to purchase the ball mill after the initial few years so for saving few $M not putting the ball mill in from day 1 (and the more interesting point, working out they needed it....) has done alot of damage to the company. Could be a good turnaround story but wait and see until July imo, maybe june with tax selling.

 
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Currently unlisted public company.

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