CCU 0.00% 5.8¢ cobar consolidated resources limited

4$ you are correct if the next payment of $2.5m has to be made...

  1. 435 Posts.
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    4$ you are correct if the next payment of $2.5m has to be made in December , the company will have to produce over 200k oz per month every month for the December quarter. I think what you will find is that whilst CCU have to make this payment , my understanding is that the bank have agreed to spread that payment of this quarter, the December and also I think the march quarter.
    Don't get me wrong , even if the bank has agreed to spreading this payment it will still be tight financially over the next couple,of quarters.

    Therefore whilst you are 100% correct , I believe this is the case . However if you are concerned , As a share holder you are entitled to ask for further clarity on this from the company .4$ Just give them a call .

    What puzzles me is why is their still such a demand compared to the number of sellers.

    The question for all investors is -

    Is it worth the risk to stay in ?

    Good luck to all CCU investors.

 
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