CCU
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0.00% 5.8¢ cobar consolidated resources limited

how low will she go?, page-29

  1. jantimot
    28,822 Posts.
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    25/06/13
    10:46
    Post #: 11924082
    tcg, look at the grades. Look at the grade in the JORC, then at the average grades already processed (80g/t, 90g/t). Clearly they will be processing grades below the JORC figure (54g/t from memory) for most of the rest of the mine life. At $15/oz? No way.

    That's where the cash problem will come from.
    CCU Price at posting: 8.3¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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