CDU 0.00% 23.5¢ cudeco limited

30th June "D day", hopefully not D for Dud, page-164

  1. 46,671 Posts.
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    S/B I respect your knowledge of copper mining and you have friends on the ground in the region - so in regard to that aspect of the rocklands story - I know shizen compared to you !

    But the rocklands strory as being a Success ?? yes it is for some - many hundreds of people have been employed - tick - yes the dirt is being turned into $$ and the QLD government is going to get the taxes and royalties.

    Yep in regard to all of that CDU is in rare company very few explorers make it through to mining !! kudos paid where kudos due !!

    But ! But ! W.M chose not to do this as a private venture - he did it as a public company - shareholders rewarded him with bucket loads of free performance shares and options - they also paid him a handsome remuneration package close to a gorilla a year.

    So !! pay the piper !!! -stuff was said ! stuff was promised and the now we are at 48c per share - has CDU been a good investment for shareholders ?? I would suggest not !!

    So S/B what benchmark do you give kudos to this mob ?? if you are an employee or contractor maybe a plus , if you are the tax man definitely a plus - buts as a shareholder ???

    its a !! triple A dud - IMO what say you Shadowboxer !
 
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