Dossa,
I met some lovely people last year who have a lot invested in this company. For them I definately do NOT want CDU to fail.
I expect that a lot more copper will be found on the existing tenements, but it hasn't been found yet. It should sustain the company for years, once found and mined. However will it be the current management and their thoughts in regard to divs in control by then? Or will it be like MGX where the mill that buys all the IO currently run the company in what seems the mills best interest, ie sitting on $500m in cash, not using it and not distributing it in higher dividends to share holders.
Slowly but surely control in CDU has passed into the hands of different chinese groups, without them having to buy on market and raise the SP.
CDU Price at posting:
$1.43 Sentiment: Sell Disclosure: Not Held
