rudders...i guess you have to ask yourself this question first - Can the copper price fall further over a sustained period with already low cu inventory levels? - If it does i guess you would close out your hedge book and pay off the debt
Sell core assets - platmin still is a pretty attractive asset especially to someone like xstrata you would think - given their push into the platmin market
I think the side issue here is the probability of getting taken out by someone right around the low in the market - The question is what would it take to get control of the entity and there inlies the real value of cuo in my view - soon people must come back to the fundementals of the businesss - what would you be willing to let your shares go for - a lot of the current shareholders have been onboard from the getgo... so the current price looks very cheap indeed...
CUO
copperco limited
rudders...i guess you have to ask yourself this question first -...
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