I disagree. I think there will be movement after Ian releases the production forecasts for the coming weeks, I expect to see something posted next week, any longer would be taking the p*ss.
Management stuffed up big time and if they are worth their salt, they are now busting their gut to get operations back on track ASAP and prove that Cobar has the silver and is capable of producing the grades that have constantly been spruiked via their presentations.
The lower volume of the past 2 days trading tells me those who wanted out have got out the rest of us are waiting for more news.
If that news questions the resource or the grade of silver, then I will feel douped..... big time.
For now I wait.
CCU Price at posting:
33.5¢ Sentiment: Hold Disclosure: Held