CDU 0.00% 23.5¢ cudeco limited

cudeco shorting activity, page-283

  1. 24,386 Posts.
    lightbulb Created with Sketch. 176
    "I believe there is up to $100m still required to complete the project.
    Early DSO sales will be the key to debt funding or a line of credit facility,, enough DSO sales to satisfy interest payments will do initially."


    And that is exactly what I have bee trying to say before, but it was shot down in flames.
    But, as that was going to bring us to the levels of what SFR did, that wasn't possible because some posters here were saying that what SFR did was a very bad thing, and that it would end up hurting us tremendously.

    One this is for sure now. And that is, that we are in needs of some serious cash if we are to proceed in what we are planning to do. And, in one way or another, that cash, if it is to include more dilution or debt funding that many said it would never be possible, will have to be found. And, even if we were to be doing some more off-takes agreement at a discount, the same thing will happen as the cash received by doing so, it will eventually have to be paid back in one ways/form, or another.
 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.