CUS 16.7% 8.4¢ copper search limited

thoughts, page-3

  1. 916 Posts.
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    sergeant, re the banking facilities update mentioned in the announcement>
    i read that there was a covenant existing probably arranged between greg baker and the CBA, and that now needs to be changed as baker no longer runs the company.
    thats all i do read into that.
    the reduction of the debt facility is great and what i do read from that is> they state that further debt reduction will follow direct charging in march 2009.
    eg greater profits - no need to have big loans.
    i thought the ann. was stunning, considering new business partnerships that can grow in the future, ie =arab bank and jcb,, the japanese and arab visitors will now be using cus atm machines, payment back of $14.7 million,record uptime of atm`s,rationalization reducing it all sounds good.
    re the share price, it is well gapped, no one wants to sell them, no dumping. they know whats coming next year.
 
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