CDU 0.00% 23.5¢ cudeco limited

Aka, Its pretty normal for projects to come in at the upside...

  1. 15,806 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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