This will be a case study for MBA students in the future. How did a junior explorer get some of the best copper strikes in living memory, and manage, through the most egregious handling, grab defeat from the jaws of victory?
WHo believes in parallel universes?
In a parallel universe there is a company call Cudeco that has announced some stunning copper grades. They just get better. The market is waiting in anticpation. The Cudeco CEO isnsits that the market has to be patient for further assay results until it gives an intial inferrred resource estimate. In spite of the fact that CDU has only 1.4m in the bank CDU is easlly able to raise another 10m. The CDU MD refuses to profit blindly and does not grant himself any bonus options. Market is happy..ASX is happy..CDU is happy.
AUM
australian mining investments limited
a case study for mba students
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)