Ann: Rocklands Process Plant Update, page-138

  1. 5,577 Posts.
    In 2012 I held CDU shares when they were worth $3.00 each, and the company stated they would reach production by conclusion of the year. Most shareholders including myself took the decision to sell out of the stock, and instead the funds were invested into NST (40c). I'm not stating the company will not reach production. I'm stating do not hold high expectations, because progress has been extremely slow for the company, and the excuse 'we are awaiting a strong commodity price' before selling can only hold up for so many years. I will re-invest into the stock once the company reaches consistent production, I don't imagine the share value will increase too much beforehand.
    Last edited by Askari: 18/07/14
 
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