CCU 0.00% 5.8¢ cobar consolidated resources limited

Ann: Debt Finance , page-56

  1. 7,247 Posts.
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    "How quickly could CCU pay back the debt"

    That's where sharp management comes in to play. As far as I can see based on their records, the current directors ARE up to it.

    What I mean is best demonstrated by a look at FMG's history. Right from the beginning, many brokers, gurus, advisers and journalists have struggled to explain how Fortescue could finance its continung growth and expansion. Of course we of the faith know the answer to that.

    I know that the price of iron ore has risen conveniently, but it has for everyone, and many others have not prospered. Its not assets, price, or any of the facts that economists love to lean on, its MANAGEMENT.

    So far, CCU's team passes my scrutiny.
 
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