re: News: Cobar Consolidated's Ian Lawrence, ... Listened to Ian...

re: News: Cobar Consolidated's Ian Lawrence, ... Listened to Ian Lawrence- was not inspired.

Almost non committal with likely short term increase in production and comments suggested (with interpretation) scenario for future not very positive short term as only long term indicators were put forward - such as industrial demand and future POS.

Indicated share entitlement take up was looking positive because of minimal trading of rights. No wonder with buyers offering 0.001 cents (and that is positive??) and the fact that share price has been above 13 cents for time before rights offer. (And that is positive too??)

Price of silver appears to be weakening.

CCU's future is to be decided short term now.

Long term survival could eventually be very profitable given eventual hoped for surge in POS. Don't hold your breath waiting!

Short term CCU is fighting for survival to avoid a financial crash.
Perhaps fighting to avoid a take over. Perhaps?

Cheers

Vidi