CCU 0.00% 5.8¢ cobar consolidated resources limited

Silver and gold has had a bit of a kick along in past 24 hours,...

  1. 7,224 Posts.
    lightbulb Created with Sketch. 42

    Silver and gold has had a bit of a kick along in past 24 hours, will make Monday morning very interesting, articles on commodities thread about impending mega rises in AgAu, $200/oz silver/$5000 oz gold on the horizon?

    Last CCU ann stated all the negatives they could muster. We're normally a very conservative bunch in here, but will let the hair down for a second (ramp) but please weigh it up for yourselves, 3-12 months time could see 200,000 ozs/month, at prices we havent contemplated, call it $50/oz+. That brings roughly $5 mill/month profit assuming $25 cash cost.

    Thats @ $50/oz, plug in $200...

    Could be come one massive cash cow quite quickly.

    Just an opinion.

    END OF RAMP..

    TCG
 
watchlist Created with Sketch. Add CCU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.