CCU 0.00% 5.8¢ cobar consolidated resources limited

cash burn, page-21

  1. 28,822 Posts.
    lightbulb Created with Sketch. 48
    fourdollars, I don't think they have a hope of $14m for 200koz. Previous production has been with a grade of 97g/t. Average grade is 63g/t. So the grades will come down, and the costs rise. The Sept qtr might be very good for costs as they have the stockpile awaiting the ball mill - but when they get back to steady state mining, I doubt that they'll be anywhere near $14m.
 
watchlist Created with Sketch. Add CCU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.