CCU 0.00% 5.8¢ cobar consolidated resources limited

Good news, we can proudly say that we are owners of a bona-fide...

  1. 268 Posts.
    lightbulb Created with Sketch. 10
    Good news, we can proudly say that we are owners of a bona-fide SILVER PRODUCER now.

    However I don't think they are cash-flow positive yet.

    Yes they have reached target production levels, the next step is to bring down the cost to their announced target unit production cost level of $19 and below. The ironing out of any process inefficiencies and the introduction of the lead circuit are two important short to medium objectives I see.

    Imho, to be able to stand firmly on its own two feet CCU will need to bring the production cost down to the $15 level over the next 12 months. I know they can do it.

 
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.