At least we now know how the board feels:
- Consolidation will happen but not without some other simultaneous "transaction".
My personal view is that it would not be such an issue at a firm 10.5 cents. Getting to that level should be the board's only ST priority IMO.
I notice CB didn't want to be pigeon-holed into 80K ozs this CY - but, whether it is 75K or 80K ozs, that still means $9 odd mill net profit for the Q if costs guidance from the Sept Q'ly is maintained. (almost eqivalent to the entire 2010 FY profit result)
Shhh - don't tell anyone.
Cheers,
C12
At least we now know how the board feels:- Consolidation will...
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