CDU 0.00% 23.5¢ cudeco limited

Phil, it's easy. Just stop the holders coming out with comments...

  1. 30,924 Posts.
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    Phil, it's easy. Just stop the holders coming out with comments like:

    "Good to see that the crusher is working fine." No, they never said that. They said that it had run at 500tph (or 550tph) with waste dolerite, and that it isn't finished yet anyway;

    plus the company repeating nonsense like the Shanghai premium being $1,040/t, suddenly mentioning out of the blue that the whole electrical cabling side of things hasn't even had tenders awarded for it yet and still not providing any details at all of a likely date for starting commissioning or full production plus costs to complete and the so called downrampers wouldn't have anything to post on.

    Direct complaints to WM? Hell, even holders find it difficult to get an answer from the company. Non-holders wouldn't have a hope. As for reading the report, I suspect that many find it amusing.

    Why was the cash position not reported at the same time? They know the numbers. It's cash, not accrual accounting. Even with a part time CFO (see annual accounts) they would know the numbers within a few days of the month end.
 
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