I recall reading on here some where that an investor rates Companies on a 'shaftometer'. That is just how much management shafts shareholders when it comes to things such as Capital Raisings.IMO we have nothing to worry about. Management have been first class when it comes investor relations. The last CR was done at a premium to the SP.I am sure the CR was done at 40 cents and the SP at the time was about 36 cents.
We are getting close to production,the silver price is bullish and we should get some resource/reserve upgrades soon.Good times ahead. I hope we get some more information regarding the environmental approvals and a more definative date as to when plant construction will commence and likewise silver production.
There is plenty left in this one and with such a scarcity in pure silver plays here I am confident that this CR will be a favourable one for us
CCU Price at posting:
94.0¢ Sentiment: Buy Disclosure: Held
