ZZedzz,
Not argueing with your numbers.
CDU will have $157m in the bank
approx 184 million shares on issue plus the options outstanding.
You have claimed previously $80m is needed. So at $4/sh thats an additional 20m shares.
Equation then looks:
~200m shares and ~$240m in the bank,
Obvious to all what an unmitigated catastrophe this would be.
And of course, the folk who have already chipped in will just stand there with their hands in their pockets for the next two years just watching CDU run out of money.
Just how stupid do you think everyone is?
And somewhere along the time frame the DFS will come out. At this point its clear that there is absolutely no point in your arguments and your comments are deliberately posted as red-herrings.
I fully expect prognostications of ships sinking with all hands and CDU's plant, the trucks standing around for so long the tyres are no good and a dozen other mindless objections.
The point is, Wayne is running a company and making a fair fist of it, and others slink to HC and carp.
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