is interesting watching the order book this late in the day. have been waiting for sub 30c - have 27c as technical low target on daily chart which is bottom of bull flag and bottom of long term up channel. time is the unknown as a full quarter could pass at this level.
fundamentals suggest $110M market cap on 1.5Moz/yr on $30 silver price, so is now getting into low risk territory below 30c. will be a matter of time to see if they can sort out consistent ore feed and reinstate production targets.
worst case is more c/r at 30c to fund cash burn until production improves to cash flow +ve. ccu is cheap at this price imo.
CCU Price at posting:
29.1¢ Sentiment: ST Buy Disclosure: Held
