how low will she go?, page-39

Also from Philip capital, high costs this year while plant is capitalised and comissioning of the ball mill.

At cash costs of $14 (including lead credits) thats a pretty reasonable punt in my mind.

Summary CCU have been impacted by variations in the ore over original specifications and weak silver prices during the crucial mine start up phase. The current capital raising is designed to make the required plant additions to get the mine cash flow positive. Based on the cash burn rate in March quarter CCU have brought themselves ~6 months to bed down the plant. The changes being made to site management and plant design are needed to get the operation back on track. CCU have a real opportunity now to turn the operation around