CDU 0.00% 23.5¢ cudeco limited

Ann: Minsheng Loan Facility Repaid in Full, page-10

  1. 46,566 Posts.
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    When they finally released their DFS in the prospectus for the 80c rights issue using all the best case parameters including selling NCU , Cobalt and magnetite - I did a more conservative valuation model and came up with 20c - it hit 23c in July last year and again today its traded at 25c - My current valuation has fallen to around 10c which is probably still generous - Way overpriced at 25c ( IMO)

    As always I will be interested to read the financials for the December quarter due to be released by the end of the month - the revised "Ore Reserve " due next month will also be eye opener !
 
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