CDU 0.00% 23.5¢ cudeco limited

suspenders, page-36

  1. 24,386 Posts.
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    I wonder who is going to be correct now in regard to the Capital Raising. And no AKA, these comments aren't directed at you.

    Someone was saying that we weren't going to do anymore Capital Raisings and that we were going to raise the balance of the money we needed, if any, simply by making use of debts facility.

    Well.... that first suggestion has now been totally blown out of the water.

    Someone else was saying that we weren't going to do anymore capital raising because we were to raise funds, if we needed any, by making use of an offtake facility for the remaining 40% of the copper that is not currently covered under the original offtake agreement.

    Well... it appears that that second suggestion has also being blown out of the water.

    Then we had several more personal views, but the two that stuck in my mind the most, were the one that constantly stated that we were not going to need more than $50mill. to $60mill. maximum, and another one that we were going to need between $120mill and $150mill dollars, if not more.

    Now, what remains to be seen is who was right and who was wrong out of those two.

    NO, NO. It wasn't Me!! I've never said anything of the kind.

    Will credit be given where and when it is due, or will silence prevail??

    Time will tell.

    B.....
 
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