CCU 0.00% 5.8¢ cobar consolidated resources limited

"The Company’s main project Wonawinta is still in a...

  1. 2,388 Posts.
    "The Company’s main project Wonawinta is still in a commissioning phase and the company is not yet generating enough cash flows to sustain its operations."

    'is not yet' Present tense.

    That whole paragraph means come June 2013 they will only have a few $ million in the kitty at current rate of operations. If they can't sort things out pronto after they get that Ball Mill they will need to raise money. Personally I can't see them letting it get to that stage as installing and commissioning that Ball Mill is going to cost something.
 
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Currently unlisted public company.

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