CDU 0.00% 23.5¢ cudeco limited

$300m plant june 2014 start, page-4

  1. 15,738 Posts.
    Aka,

    Its pretty normal for projects to come in at the upside end, so that prediction wasnt too hard to get right. Looks like $300m is now the current estimate.

    The dates look to be moving out to me. the start of plant commissioning is now May /June 2014.

    Clearly, the first real production can therefore only be in the 2014/15 financial year.

    There is still much work to be done and new capital to be raised to hit that $300m mark and to pay for Admin and exploration up until the whole project is cashflow positive.
 
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