I used to read the AFR but not any more. Absolutely disgraceful "reporting".
Long-termers are well aware that there's a smear campaign against the company from those who want it to fail. You only need to look at the stream of down-ramping comments above ^^^^^^.
No doubt the dirty tricks and tree-shaking will continue until the production announcement.
Cheers to all holders.
Todays statement from Cudeco:
Response to AFR Article today An article that appeared in Australian Financial Review today made some comments that were fabricated and untrue. The article said that:
1. AFR Claim: CuDeco had rejected a handful of offers of convertible notes from US Hedge Funds. CuDeco has not been offered or rejected convertible notes from US Hedge funds.
2. AFR Claim: CuDeco as at June 30th 2014 “had A$9.6m in the bank and had spent $US45m of a $US65m Bank Facility As at 30th June 2014 CuDeco had not drawn any of the US$65m Bank Facility
3. AFR Claim: CuDeco was looking at a Hong Kong and or Singapore listing. CuDeco has on numerous occasions advised shareholders over the past 5 years of a possible dual ASX/HKEX listing in HK.
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