CCU 0.00% 5.8¢ cobar consolidated resources limited

Ann: Quarterly Activities and Cashflow Report , page-37

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  1. 455 Posts.
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    Thanks 4$ , I agree with your assumptions I hope there is a white knight that could put in $5m to ideally $7m , but then CCU have to produce at least 200k oz per month, starting this month.

    The value is there in the longer term they just need this money now otherwise like you say the shareholders will miss out.

    How disappointing is this boards incompentence , it also confirms in my mind that the previous CEO Ian Lawrence ( who has a lot on skin in the game ) was used as a scape goat, as the current board has been there for quite a while prior to the CEO 's removal.
 
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