Well, as with many of you I'm definitely 'still in physically' but am more inclined to be also 'in in spirit' as well - the presentation does seem to indicate that there are more people than not interested in keeping CCU going through this tough period. CBA is probably reasonably comfortable they will get there money one way or the other - either through other financiers coming to the party or , god forbid, the winding down of the company. Would it be possible for Magna to act as surety/ guarantor to potential financiers?
One possible 'oops' moment is the predicted 200,000 oz/m average target from Mar 14 onwards does not really correlate visually with the graph showing less than 600, 000 oz for the June qtr on page 10 of the presentation.
Anyway I'm focussing on the 'targeted' part of that equation.
GLTA - now where was that underwriter?
richmez
CCU Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
