CCU 0.00% 5.8¢ cobar consolidated resources limited

>I'm figuring that total cash-out per quarter for CCU will be...

  1. 12,639 Posts.
    >I'm figuring that total cash-out per quarter for CCU will be around $14m. This means that CCU needs to produce around 200Koz/month at AU$23 to break even.

    Fourdollars,

    How do you come to that conclusion??

    If CCU are not making any profit until at least $30 then there is no break even there???

    CCU will break even at approx $30. This is according to the last cash report. If the price of silver goes to $35 with $5 per ounce in profit then CCU will need to produce 280,000 ounces per quarter based on your 14 million cash costs.
 
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