Ccu is not dead yet but it's qtrly was dissapointing. Especially around the debt repayment and forecastes figures for this qtr.
It is the 2nd extension on that now, if its due in 2 weeks why don't tmanagement bite the bullet and delay their own wage payment for a month, get the staff on board too.
If my job was on the line over a short term cashflow issue I'd put my hand up to see how I could help the company get through it instead of standing by watching it fail.
But why is CBA still extending? And by such short term time frames.... I mean 3 wks? Are CCU that close to having the cash?
Silver is a manipulated metal I have no doubt and fiat currency will fade. But owning the physical in hand is proving the safer option than owning the company that digs it out.
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