CCU 0.00% 5.8¢ cobar consolidated resources limited

Ann: Quarterly Activities Report , page-18

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  1. 3,754 Posts.
    Another thing to consider is...




    Cobar Consolidated Resources Limited
    ASX Release _
    December
    2013 Quarterly Activities Report 31
    January
    201
    4
    Processing Plant
    During the quarter 188,945 tonnes of ore was processed at an
    average silver grade of 109g/t.
    Silver production was 469,179oz, 24% higher than the previous quarter, continuing the upward trend seen over
    2013.




    Over the quarter production was 24% higher than the 3 month period before,their plan is for this growth to continue so looking 12 months down the track production should be 96% more that it is now.

    In other words double.

    If the silver price trends north like all the big gurus are predicting then paying of the loan will be happening at a good rate.

    You cannot look at todays figures as a prognosis for the future.

    The only way to buy a house is through dept.
    The only way to get a business up and going is dept.


    Im happy to wait to the end of 2014 if they are struggling then well Then...





    cheers





 
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