mj, I didn't say they were cherry picking. Just that the average grade from hereon has to be below the JORC as they have already taken 18 months of higher grade stuff out.
If they didn't have cash problems they wouldn't have needed a cr and a management spill. There is no evidence yet that the cash problems have been resolved. It's still a hope that the ball crusher will sort things out. No guarantee - AYN went through the same process three years ago, and are now upgrading the crushing circuit for the second time in a similar attempt to up the recoveries.
CCU Price at posting:
8.3¢ Sentiment: Sell Disclosure: Not Held