the trading halt does mention HK & other International Investment groups, so it could be a combination of them.
I would think that the additional funding would be required for Cudeco Logistics Ltd, that will be responsible for building the Rail & Port facilities.
If he has put his usual premium on the raising, $4.75 - $5 could not be out of the question,
Cudeco Logistics is a wholly owned subsiduary of Cudeco.
What could be next, "Cudeco Uranium Ltd" a wholly owned subsiduary of Cudeco ????
cheers
cj
CDU Price at posting:
$4.67 Sentiment: Buy Disclosure: Held