Ashfield, it depends on your risk/reward profile. The company has disappointed too many times now. The production numbers don't add up - they've never mined at the 2.5m ounce rate, and Lawrence said in his interview that the lack of the ball mill was the restricting factor, not the mining.
I would rather buy CCU at 20c on the way up knowing that the ball mill was working properly and they were mining at the required rate and trust the company to get the COP right a few months down the track, than buy at 7c if it drops after the CR with the mining and ball mill still uncertain.
CCU Price at posting:
12.5¢ Sentiment: None Disclosure: Not Held