CDU 0.00% 23.5¢ cudeco limited

buy back, page-5

  1. roh
    4,061 Posts.
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    conix,

    Yes everything is coming together nicely as planned. Cloncurry will be echoing to the hammering of those housing gangs.

    There has been much in the Press of late of the sad effects of the fly in fly out policy of mining companies with marriage breakdowns and worse.

    Wayne's approach of providing permanent accommodation for the workforce is the correct way and all senior management and employees have been employed on the basis of their relocation to Cloncurry.

    The long term viability of Rocklands allows for this. Cloncurry and CDU will both be the beneficiaries with CDU having a stable local workforce without the added costs of expensive air fares and Cloncurry township expanding in so many ways.

    CDU is a breath of fresh air to Cloncurry and won't the local businesses feel the benefit of money earned in the town being spent in the town and the job creation.

    Of interest to both of us is the progression of Wilgar. The source of those major finds has yet to be located but there has obviously been sufficient minerals found to justify Wilgar having its own processing plant. Further drilling results from under the twin hills is keenly awaited.

    It's a bit early to start poping the corks but our day will come.
    -------------------------------------------I believe there will be some very embarrassed journos { and others ] and very happy shareholders when the first production starts and that's another day closer.

 
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