CDU 0.00% 23.5¢ cudeco limited

Ann: Company Update, page-2

  1. 3,053 Posts.
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    "Peter Hutchison said he was confident in delivering increased shareholder wealth, with the project expected to be profitable at current copper prices and with the benefit of a depreciating Australian dollar."

    Who needs a DFS when the MD is 'confident', and 'expects' the project to be profitable! You can take that to the bank! Also good to see a nice ambiguous statement in a David Wilson authored release - does the present participle mean CDU needs ongoing AUD depreciation?

    Meet the new bosses, same as the old bosses!

    Can anyone explain what's going on in this reflection?

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Currently unlisted public company.

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