CDU 0.00% 23.5¢ cudeco limited

Ann: Ore Supply Agreement with Glencore, page-79

  1. 30,924 Posts.
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    To me it seems like another attempt to distract people from the real issues and to try to appear to have at least one run on the board by the AGM.

    As the "DSO shipments" never got shipped when everyone thought they had then it's unlikely there'll be any agreement from China in time. So let's try for something else - 20,000t or ore, no grade specified, for toll treatment, no cost specified, for sale to Glencore, no price specified - and toss in another promise of the crushing circuit to be scalping the <40mm nuggets "soon", but not necessarily before the 2 year anniverary of when it should have started.

    IMO doesn't look good for the quarterly if they have to trot this lot out - without even a picture of a truckload of ore and a water bottle.

    You're spot on with your soap opera comment Penny. Now they are shipping to Glencore is it Neighbours? Or to Glencore and China, Home and Away? Who will play the part of Alf?
 
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