Cobar flags write-down

FLEDGLING silver producer Cobar Consolidated Resources has warned of a likely $A28-33 million write-down on its Wonawinta mine due to lower silver prices.

Cobar flags write-down Cobar flags write-down Cobar flags write-down Cobar flags write-down Cobar flags write-down

The company initiated a review of the carrying value of Wonawinta, though it was subject to a final review by the board before the full-year financial results were released on September 13.

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