quarterly dividends, page-9

  1. roh
    4,061 Posts.
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    Projected commissioning of crushing plant---34 days

    In additional to what I said in my earlier posting namely

    "This is especially for those of you who questioned my statement that CDU would be paying quarterly dividends.

    Extract from quarterly report 29/4/2011under Chairman's Comment

    "I have made it clear at all AGM'S I have chaired and that the board of CuDeco has made it clear of the firm intention that the Company will pay dividends on a quarterly basis and that no profits from the Rocklands Project go into any other projects".

    I rest my case.

    There are many other points from that same quarterly that are worth noting:- For instance Wayne said

    1 "I also believe that the Company will have a strong cash flow from the commencement of production".

    2 In relation to funding of the Rocklands Project,I would like to point out that funding of the project has never been a problem".

    I thank my lucky stars every day that I have made an investment in CDU which , whilst having a lengthy exploration agenda ahead , will join the privileged ranks of the miners and with a long mine life and oh it could have been so different.

    ------------------------------------I believe there will be some very embarrassed journos and others and very happy shareholders when the first production starts and that's another day closer.






























 
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