CCU 0.00% 5.8¢ cobar consolidated resources limited

Ann: Quarterly Activities and Cashflow Report , page-8

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  1. 702 Posts.
    Maybe a debt for equity? I think fourdollars that Magna have proven to be so compliant because at the end of the day they to are just investors, if at anytime the current structure became insolvent they too would lose their investment, they've had site tour and a sit down and agreed to lend a little to protect a lot. The question of who has who over a barrel is really an interesting one actually.
    And yes fourdollars they're about 5 mil better in the numbers but why the minimal disclosure, this report basically states that at current POS the project stacks up financially on production assumptions.
    I can't go to GM but I've got a list of questions that I'm sure wont be answered in any chairmanship address
 
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