CCU cobar consolidated resources limited

dissapointed about the CR but yeah it cant run on no cash and...

  1. 1,618 Posts.
    dissapointed about the CR but yeah it cant run on no cash and until its fully operational we are unlikeley to see the SP moving north.
    i beleive management need to give a little back and this can be done once the sophisicated shareholders dump their gift and we have a steady drip feed of news not a site visit followed by a presentation, then a CR.

    - final comissioning complete and plant running at compacity. tick
    - excellent drill results upgrade minelife and resource. tick
    - payback debt plan. tick
    - increase compacity through cash flow. tick
    and a $50 silver price would the icing...2013 could be the making of this company.
    this company at the moment is like a gold producer producing 50,000 ounces p.a at a cost of $650, so you can see its imperitive to produce 5 mill ounce p.a in years to come.
 
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Currently unlisted public company.

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