CCU 0.00% 5.8¢ cobar consolidated resources limited

I asked a good mate of mine,hes an accountant that also has an...

  1. 3,754 Posts.

    I asked a good mate of mine,hes an accountant that also has an interest in the market to look at CCU.

    He had a good look at the figures and came back and said ccu needs the silver price to get to atleast 30 per once and maintain it for ccu to survive.

    He took into consideration current dept,interest to be paid,cost of production etc etc.

    This could vary only with a cash injection from somewhere.

    He thinks we have simply far too much dept for current silver prices.

    cheers.



 
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