pro's con's & conjecture, page-22

buddy134,

The most important thing for CuDeco and us shareholders is that Wayne McCrae has once again shown how good he is at raising finance and in this instance has done so without share dilution and at an affordable interest rate.

Wayne McCrae always plans ahead and it is logical to think that the $100 million dollars is all that is required otherwise he would have sought more.

The lender has from the announcement done a thorough job in assessing the worth of Rocklands and has given it the tick for a massive loan.

It would not have done so without the belief that the funds needed were all that were necessary to complete the Rocklands project to production and that the revenue from sales would be capable of repaying interest and principal in the agreed time frame.