CDU 0.00% 23.5¢ cudeco limited

the game afoot., page-14

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    ozblue, but what is the $85m from the exercise of the options for? Why dilute by another 17% (from today's figure) when the company should, by all accounts, be raking it in by then?

    Or indeed, be raking it in from DSO sales well before then. By the way, although the company have said that they have grades suitable for DSO, they have never given any quantities. Perhaps that is why you can't see stacks of it ready to go - the volume isn't there yet. After all, the company has never been shy with photos of ore before.
 
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Currently unlisted public company.

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