CDU cudeco limited
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Only numbers that matter: [ATTACH] Down to their last $7.4m,...

  1. hottuna
    3,053 Posts.
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    02/02/15
    10:34
    Post #: 14680673
    Only numbers that matter:
    2014Dec 5B.PNG

    Down to their last $7.4m, with $6m left available on the loan. Average cash burn of ~$6m/month, no wonder they are so desperate for new funds that they would give away options worth a quarter of the funds raised for a placement of a few million bucks!

    And they say they want buy a furnace to produce blister copper now? I thought native copper was highly sought after?
    CDU Price at posting: $1.41 Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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