And that's the million dollar question Janti.
Don't forget that since the end of the last quarter, CCU should be continuing to push down the per ounce cost from their end. We are halfway through the next quarter now. And a while back (December?) they were talking about getting the lead circuit up and running in January. These are the things CCU can do something about, the metal price is totally out of their hands.
A sticking point for me is the apparent lack of progress on further exploration. If they could extend the mine life out to say 20 years then it gives them more latitude to renegotiate on the loan term.
- Forums
- ASX - By Stock
- rien ne va plus
And that's the million dollar question Janti.Don't forget that...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CCU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online