CDU 0.00% 23.5¢ cudeco limited

magnetite contribution, page-15

  1. 2,594 Posts.
    xw

    Now that OZL have settled down and as others here have said are a great company get your mum to have a look there.
    As I said before to others that insist on pushing CDU down at every chance I really believe we will be producing the same as OZL (100,000 to 120,000 tonnes per year guessing)for at least the first 5 years.
    After that no idea.
    The way I see it all the profit is going to shareholders
    (OZL they say have 1.4 billion in the bank to expand).
    CDU are one tenth of OZL in company share value.
    They have plenty of chance to increase in share value and pay out much more in dividends.
    I am not ramping up the share because I'm there till we mine.
    I believe I have put my money in the company and part of what the company and the board need is shareholder support.
    The only way I would not be happy with the board is
    A) They sell out cheaply.
    B) They don't get to mining
    I think they are honest hard working people at CDU and untill they show me differently I will not be backstabbing them especially on here.

    Tell your mum to put 75% into OZL or BHP and put the other 25% into CDU.See what she has the most fun and excitement with.
 
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