mj: Yes the outcome of an extension by Magna will be the most ideal for existing shareholders. This would help preserve value for all shareholders.
I am also looking out for the production figures for November by end of this month.
Based on info given during the last AGM..
140,000 oz produced - production cost $27.00 / oz 160,000 oz produced - production cost $23.60 / oz 180,000 oz produced - production cost $21.00 / oz (we'd actually have a small profit at current price) 200,000 oz produced - production cost $19.00 / oz
Let's see what November delivers!
CCU Price at posting:
7.0¢ Sentiment: LT Buy Disclosure: Held