Dont know what I am missing. Diluted (based on last close and rights issue) still gets you to 17.6c. Issue is underwritten and debt reduced (albeit portion of silver hedge lost) Physical silver is in severe shortage. Being sold online for $36 an ounce. I am in for more at 13c – real value here. Agree the downside is if management dont get it right. I still think teething problems only and this could be a mega buy Of course if we see silver at 18 bucks might be a mistake. I still like the risk reward
CCU Price at posting:
14.1¢ Sentiment: Buy Disclosure: Held
