CCU 0.00% 5.8¢ cobar consolidated resources limited

I was just referring to the fact that the CBA left it until the...

  1. 380 Posts.
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    I was just referring to the fact that the CBA left it until the last day of the month before granting the repayment deferment. If a friend asked me for a lift into town, I wouldn't wait until the last bus had left before giving an answer ...

    Imagine the price spike if CCU was able to announce the repayment extension at the same time as the stellar 12 days of production.

    Of course CBA wanted all of December's production data before granting an unachievable 31 day extension. To generate $1.9m in extra cash in 31 days, CCU would have needed to:

    - achieve nameplate capacity in January; and
    - have a POS of around $30/oz.
 
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