CDU has shown confidence in Wilgar being a goer by purchasing the plant . Wilgar could provide any necessary funds[ if required] for mining Las Minerale and Rocklands South without the necessity to issue more shares.
This would be a great result for all shareholders. Let us hope there is no government delay in issuance of approval to mine Wilgar. -------------------------------------------------I believe there will be some very embarrassed journos and very happy shareholders when the first production starts.
CDU Price at posting:
$3.51 Sentiment: LT Buy Disclosure: Held