revision by ord minnett expected

Most recent Ord Minnett Overview which was released 02/07/13, is very much in line with previouse release 03/06/13 and basically uses the same assumptions, commentary centres on lack of update re. ball mill/ramp up suggesting that "no news is not always good news". Risk weighting remains the same bias and OM target price remains at $0.17. I expect that CCU ASX announcement 10/06/13 confirming succesful intergration and ramp up will have a material effect on the OM risk assurstion and target price (assuming that 4th quaurterly supports)note OM forcast 24m EBITDA FY14. Looking forward to next OM update post quartely. hopefuly CCU can continue to de-risk and start to realise expedential upside.

http://ccrlimited.com.au/wp-content/uploads/2013/07/CCU_130702.pdf

QUEENSLANDER