is there a point?, page-4

I wouldn't say they have been "running the share price down." Production is stuck at a figure that cannot be elevated without a Ball Mill. So, it's all been on hold until they could get one on site. They didn't splash out and buy a new one, they found a second hand one which they have refurbed and brought to site. Combine that with CCU being in a sector that smells so bad even the smells think they smell, it's not a great combination. They can't control the sector or the silver price. That's mining.

No matter what happens, the placement will be taken up, Magna is underwriting the whole process at no expense to CCU. If Magna get a 42% stake, watch them move in. They already have FIRB approval. Plus, I'm willing to bet that after the placement, what they don't pick up from their underwriting they will be happy to go in and pick up at 12.5 or 13 cents on the market, if anyone is crazy enough to sell at that price.