CCU 0.00% 5.8¢ cobar consolidated resources limited

yes, unfortunately the cash burn doesn't work like that. As...

  1. 28,822 Posts.
    lightbulb Created with Sketch. 48
    yes, unfortunately the cash burn doesn't work like that. As production increases, so does expenditure.

    For instance, in the March qtr, when they produced 231,253oz in dore, cash burn was $1.6m/month.

    The nearest we can glean from the qtrly is development costs were the production costs for the qtr, but that would include production with true development - and as that total cost is over $40/oz we can't really start there.

    I think Ord's figures will be well out of date by now.
 
watchlist Created with Sketch. Add CCU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.