CDU 0.00% 23.5¢ cudeco limited

hang on lol...$2 dividends aren't sustainable, page-37

  1. 138 Posts.
    lightbulb Created with Sketch. 1
    Bermuda et al - i will support 5hares as he is pointing out that this is "probably" a moderate mineable resource that probably will make money (by the look of the numbers). It is not the next biggest Cu show on the planet.

    He has also clearly done more research on the actual resource than anyone else here.
    My problem is that if this doesnt work the industry will get (a) burnt shareholders, (b) bad press and (c) an increased difficulty in raising funds in the future.

    A simple resolution is for CDU to stop drilling duplicate holes, get on with a DFS which will disappoint some, but at least will have good hard numbers on which to base future investment decisions
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.