Ave Price $28 Sales $12.6M Prod'n costs $9M Other Operating Costs $1M Leaving $2.6M to contribute to Dev'mt costs etc.
Bank is impressed with the progress being made and allows the repayments to be delayed and provides a short term additional loan to cover short term deficit.
Next Qtr 200k per month in rising silver price environment.
Sales of $17.5M on on-going cost base of $10M per Qtr.
CCU Price at posting:
20.0¢ Sentiment: None Disclosure: Held