CCU 0.00% 5.8¢ cobar consolidated resources limited

12 october 2009, page-20

  1. 6,951 Posts.
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    hobojoseph. What I am saying is that they have a nice lot of lead and it is currently US$1 a pound.
    Dont forget there are costs.
    They have announced 226000T{ although on the announcement there looks as if there may be a calculation error }.
    However using 226000T that is approximately 506 Million pounds at US$1 a pound selling price.Silver mine it may be however the lead is important with it being worth such a lot of money.The silver has a selling price which currently amounts to more that the value at selling price of the lead at say US$800 Million so I suppose it should be called a silver deposit as silver is currently the predominant value.B2
 
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