You did indeed point out a number of design issues with the plant several months ago, and as you predicted, they have all borne out and the inevitable cashflow issues have followed.
I apologise if you have informed the thread previously, but can you provide some background to your understanding of the problems at the CCU plant? Are you a mining expert who understood the problems through the plant design material published by CCU, or were you a consultant to them, or something else?
I'm trying to understand why CCU management proceeded with the design that they did, when it was in their interests to get it right. More importantly, I'd be interested to read your views on the capital that will be required to rectify the problems and the likely timeframe.
Many thanks.
CCU Price at posting:
29.1¢ Sentiment: Hold Disclosure: Held
