CCU 0.00% 5.8¢ cobar consolidated resources limited

Ann: Operations Update , page-7

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  1. 1,073 Posts.
    lightbulb Created with Sketch. 19
    Updates like this make a mockery of market transparency and informed trading....

    "In the short term, the Company will not meet its target production rate of 2.5Moz per annum by December 2012. A revised short term production schedule is being prepared and
    the impact of it on the production target will be understood once the schedule is complete."

    In them meantime, your guess is as good as mine.

    Disgraceful. Two months after a cap raising at $60 cents and less than a month after reiterating their 2.5Moz target in the Sept update.
 
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