Dollarfast taking your logic one step further , which what you say appears correct , it's just the management of this company that concerns me at this stage . At least the new chairman has some skin in the game.
They need to prove their ability to be a consistent performer and produce beyond their nameplate target of 200k oz per month( 240k oz) . I am hoping the December figures will support their production level improvement .
To add to your point if they release information before Christmas that they have successfully negotiated better terms with the CBA . Then as an investor now is the opportune time to buy at such low prices , even with the silver price being so low.
Good luck to all .
CCU Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held