CCU 0.00% 5.8¢ cobar consolidated resources limited

JD,production costs can vary by a fare bit, my mail is that they...

  1. 702 Posts.
    JD,
    production costs can vary by a fare bit, my mail is that they have been mining ahead of scheduel and have well in excess of a months worth of feedstock at the log washers, so if things got too tight they could stop or slow down pit work. After sleeping on it and based on actions I'm thinking that if they fell short that thier most likely to take on a little debt but keep pushing hard to become cashflow positive in the near term.
    But who knows? Need monthly figures & commentary plus annoucement addressing the current uncertainty.
    I dont know wether its misplaced or not but I do have the feeling that the project is not far off becoming cashflow positive with a strong income ahead
 
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