cba finally out, page-5

Agreed on all fronts, although I suspect that rather than CBA shorting themselves (they are/were holders), they were on-lending to shorters. We're 13 days from the end of Q1 and construction should be at 95% or better complete when they update on the call. At least 95%, as they said it would be finished by Q1. I recall seeing something in a previous post about a 6 - 8 week delay. If this affected the Q1 hurdle, I would have expected it to be announced - although AVM has a history of keeping cards very close to chest.

Views?

The other thing I'm looking for ASAP is a revised financial model using something more approaching reality than the current $2.44/lb price assumption. This can only help us.

We're almost there ladies and gents. LME holding up really well, as is our SP. If Ausenco can do a job on commissioning (and they've had the experience), then we should be making hay/cathode shortly. Then, who knows.

I'd be interested in everyone's 31 December 2011 price target. Mine is $11.50. Accordingly I'm looking at the $5s as a buying opportunity.