CCU cobar consolidated resources limited
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re: Ann: Independent Expert Validates Resourc... What timeframe...

  1. mjshackl
    4,017 Posts.
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    23/01/13
    11:46
    Post #: 11323988
    re: Ann: Independent Expert Validates Resourc... What timeframe do you believe it will be Killa?

    Sitting here, now, with the current SP - 6 months to see sustained production of 2.5million ounces p.a would see a good return in 6 months to 1 year.

    I think 6 months is not an unreasonable timeframe. Obviously I'll be ecstatic if the get it ironed out within the quarter. And you can guarantee they'll shout it from the rooftops when they get to 200k ounces per month.
    CCU Price at posting: 40.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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