CCU cobar consolidated resources limited
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With the current hedge in place, our weighted average price of...

  1. mjshackl
    4,016 Posts.
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    17/07/13
    17:12
    Post #: 12075636
    With the current hedge in place, our weighted average price of silver sits around $24 an ounce, provided they can get production up to 200k ounces a month.

    The real risk to CCU now is the price of silver. So where is that heading? I think we could be in a holding pattern for the next 3 - 4 weeks. The SP has run up nicely, time for a breather. It's going to take some more positive news to get it running again.
    CCU Price at posting: 15.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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