CCU 0.00% 5.8¢ cobar consolidated resources limited

Ann: Chief Executive Officer Announcement , page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 12,639 Posts.
    I've just read the announcement and although I personally do understand your frustration I also think that you have over reacted.

    Yes it is obvious that the company hasn't reached nameplate production yet however at some stage they will.

    They are looking at options to improve their capital. This might mean a cap raising or debt facility?

    A debt facility would be accepted under the current rising price of silver IMO which would be far superior to a cap raising.

    Sell if you wish however if the price of silver keeps on rising then full production or not this share price is going to rise.

    Good luck hey.
 
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.