At 31 December CBH had $50 million in cash. At 20 February it had over $70 million. At that rate it should have about $90 million by the end of March, 2007.
Well over $120 million by the 30 June, 2007. Its market cap is $419 million.
Good and proven management. Rapidly expanding production profile over the next few years all fully funded. This is an obvious takeover prospect. Zinc and copper prices will be stronger for longer.
This company is a no brainer.
cash king
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