CDU 0.00% 23.5¢ cudeco limited

finance announced, page-31

  1. GFM
    1,204 Posts.
    psi81,

    I can't help but wonder what your interest in CDU is ????

    As has been stated, the credit facility will be drawn down as needed, not transferred to the main account in one hit.

    Should WM come home from China with orders for DSO & NCu sales then there will be much less reliance on the credit facility. However having that credit facility provides certainty for CDU that they have the funds necessary to complete the projects & stops another avenue for some to create uncertainty and T/O talk.

    Should we also see a JORC upgrade, that the company has stated it is working on, before the AGM, then that could also have a positive effect on the project.

    Interesting times ahead for the next 5 weeks.

    cheers

    cj
 
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