CCU 0.00% 5.8¢ cobar consolidated resources limited

what ever you do don't sell !!!, page-2

  1. 4,468 Posts.
    Wow Graza, that is a highly speculative scenario you have sketched out. 90 million oz resource? Silver 50 dollars an oz. If only we really had that crystal ball:)

    Best to stay a bit more in the present and go with the flow as things develop imo. I like the tight register and excellent management, who consistently manage to raise capital at a premium to our indonesian mate.

    I am speculating that silver will at least stabilise in the mid 20s an oz and hopefully go over 30 again and stay there until ccu get into production. That is the unknown.

    At the moment I am looking forward to ccu raising the funds to finance production, and I am hoping it is by debt, rather than capital raising, but you never know, magma may take a hand here too:)

 
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