CCU 0.00% 5.8¢ cobar consolidated resources limited

Ann: Quarterly Activities Report , page-19

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  1. 2,026 Posts.
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    What are you talking about Dfast? They can't keep endlessly improving production. The process plant has a nameplate capacity of ~ 200 - 220k ounces a month. (600 - 660 per quarter) It's not physically possible to double production figures from here, unless they install a second process circuit. And as we see, they have to perform routine tasks like re-lining the ball mill (which shouldn't be an issue if they can mill a weeks worth of ore in advance of the ahutdown).

    The only thing they have left in their arsenal at the moment really is to get credits back from the lead. And this requires time and by extension money which they don't have.

    If I was a supplier I'd be chasing up outstanding invoices at the moment.
 
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