CCU 0.00% 5.8¢ cobar consolidated resources limited

Ann: Quarterly Activities Report , page-40

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  1. 702 Posts.
    Not prepared to debate plant any further, happy to agree to disagree and be content with my view of operations at stage of development .

    Have spoken with Trevor Shard today, company has had a mixture of positive and negative cash flow weeks and months in this last quater. With the documented uptrend in production the company is expecting to be constistantly cash flow positive in the next couple of months. There is no foreseeable reason for the company to raise further capital. There is some bottle necking in processing that will be addressed throughtout the continual up ramping.

    I would encourage others seaking comment to contact the investor centre.

    Cheers all.
 
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