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73 Posts.

30/01/15

13:03

Post #: 14667348
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Originally posted by hottuna ↑

Question: If CDU had an economically saleable native copper resource, wouldn't they have sold the copper to before raising equity?
Question: If CDU had saleable ore that could be profitably shipped to Ernest Henry Mine, wouldn't they have shipped it before raising equity?
Question: If CDU could demonstrate an economically viable copper project at Rocklands, wouldn't they publish a DFS to enable them to raise finance more cheaply before raising equity?
Question: If CDU could raise capital from other sources, why would they pay options worth a quarter of the funds raised to a previously unidentified 3rd party?
Question: If CDU had Oceanwide bound to an enforceable agreement to subscribe to new equity, and if CDU had an agreement from Sinosteel to provide funding on an interest-free basis, wouldn't they have used these options before raising equity?

Big one:

Question: Why should anyone provide CDU with more money?

It's your EGM shareholders...

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Question: If CDU is not an economically viable copper project , why would there be so many non-holders sniffing about trying to get people to sell ?

CDU Price at posting: $1.41 Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

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