cash burn, page-16

>I'm figuring that total cash-out per quarter for CCU will be around $14m. This means that CCU needs to produce around 200Koz/month at AU$23 to break even.

Fourdollars,

How do you come to that conclusion??

If CCU are not making any profit until at least $30 then there is no break even there???

CCU will break even at approx $30. This is according to the last cash report. If the price of silver goes to $35 with $5 per ounce in profit then CCU will need to produce 280,000 ounces per quarter based on your 14 million cash costs.