CDU 0.00% 23.5¢ cudeco limited

cudeco shorting activity, page-200

  1. 417 Posts.
    greenpines
    On many occasions you have told this forum how diligent
    CDU were to delay the construction of the plant
    due to cost savings.

    Even with the basic understanding of project management
    even a school kid would understand that contracts and
    associated costs are put in place months prior to the
    required "on site start date".

    We were told that the crusher would be operational
    by Dec 2012.
    By deduction seeing that WM is the "master of forward planning", the contract was let mid 2012.
    Obviously this was NOT the case so why give
    revised dates of Jan, Feb, March etc. when it was
    never going to be achieved as a contractor had not
    even been engaged.
    Was it a distortion of the facts or incompetence?

    AS for the $45Mill saving in the contract price
    you must be joking, lets assume CDU reduced the price by
    50% that means they are spending $45Mill on "concrete"
    when the total cost is stated as $250 Mill?
    Again you must be joking or are under the assumption
    that no member of this forum got any further than Y 10
    but then again the cult will believe just
    about anything that is given a positive slant be it
    true or false.

    Could you please expand on "the company actually began
    full scale mining in August"
    I must have missed that momentous event!!!!!!

    Also GFM asked about WM's best mate of 30 years,
    they must have been drinking partners in Africa?

    Keep up the propaganda but every now and again the true
    story would be refreshing.
    Nice to know you have no affiliation to CDU.
    tv105






 
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