CCU 0.00% 5.8¢ cobar consolidated resources limited

re: Ann: Independent Expert Validates Resourc... Just my opinion...

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  1. 702 Posts.
    re: Ann: Independent Expert Validates Resourc... Just my opinion but I think saying that they are nowhere near the 2.5m pa rate is a bit strong. The graph in the quarterly, I think it was about page 6 or 8 demonstrated that production looked set to strike close to that in the coming months. To be honest and without dismissing the importance of hitting preset targets i am more focused on cash flow positive stature of the business.
    Sell on news mjshacki, that dose seem to be the theme across the boards of late. I'm still very much over weight on CCU, but in the black, at current market cap I'm thinking a move by Magna is not out of the question, this is the only stock I am not trading at present, just don't feel comfortable not holding.
 
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