analysts shy of rating cudeco

An interesting article in todays AFR

" Analysts shy of rating Cudeco " page 16

Worth reading, Basically Jamie Freed contacted mining analysts this week and they are shying away from rating CDU because of Wayno's maverick development style; We only have major blue chip backer Graham French who manages M& G and Vanguard Funds who have done their own due diligence. She says that if that's the case it is time for WM to release more information to give investors and brokers a chance to make their own call. She intimates that French knows more than the market because his latest buying was as high as $4.81 per share

Also goes on with the usual no bank feasibility study, the fact that CDU is using inflated Cobalt figures and generally relying on inflated by-product and not primary metal to increase its resource etc

Well worth a read

Cheers to all holders