CCU 0.00% 5.8¢ cobar consolidated resources limited

commercial production, page-3

  1. 3,754 Posts.

    This means buy.
    cheers.


    20 DECEMBER 2013
    Commercial Production
    The Cobar Consolidated Resources Limited Board toda
    y declared commercial
    production had been achieved at the Wonawinta Silve
    r Mine, effective 1
    December 2013.
    This means that from 1 December 2013, operating and
    development costs
    and sales revenue will no longer be capitalized and
    will instead be expensed
    or recorded as revenue.
    The declaration that commercial production has been
    achieved recognizes
    that the mine and processing plant are capable of o
    perating at design
    production levels. Actual silver production will v
    ary from month to month
    according to feed grade, ore throughput levels and
    recoverie



    my sentiment buy and wait longer term.cheers.






 
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.