CBH 0.00% 7.7¢ coolabah metals limited

Needle,The endeavour info on the website is relatively old and...

  1. 455 Posts.
    Needle,

    The endeavour info on the website is relatively old and written prior to the stope failure. I believe situation now has changed and mine production limitation remains at 1.2Mtpa.

    The mill throughput is 1.4Mtpa. So where does the extra 0.2Mtpa come from?

    If you refer to page 2 of the latest Hartleys report they mention a proposed 0.2Mtpa Zinc from the hera deposit up the road.

    I haven't run my eyes over your numbers nor really sat down and scrutinized Hartleys, but suggest that to match Hartleys figures that's probably what they have factored in for 2008.

    Either way, the end result is still very good.

    What would be really nice is some ann from CBH confirming that, at the end of each month what their production rate has been until full production is realised. As per the schedule outlined in the hartleys report it advises it should be 66% for July. If on schedule, this will almost be double the previous quarterly monthly avg, and thus I'd expect the market to react positively.

    Cheers

    Wilf
 
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