CCU 0.00% 5.8¢ cobar consolidated resources limited

Jetson, firstly, let's hope it isn't in the bank, or they can't...

  1. 28,822 Posts.
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    Jetson, firstly, let's hope it isn't in the bank, or they can't meet their hedge.

    Secondly, I've posted already as to why I think the cash costs, on lower grades, could be $22/oz, in reply to a poster who was postulating 1.5m oz p.a. At that production rate, other costs of $15/oz wouldn't be unreasonable. What's your estimate?

    Thirdly, these are clearly only opinions, not wild facts. The company won't give us facts - not the grades, or the production, or the costs - but I bet my guess is more accurate than Rutz's.

    Fourthly, no, not a holder. I was waiting to see what the costs were and to see production close to the forecast of 2.5m oz p.a. Experience with producers tells me that's a good move. Naturally, you are welcome to disagree.
 
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