A long while back I made the statement that "CASH IS KING". Clearly the great need as of now is enough cash to get through to regular revenue from production. Hopefully the current raising achieve that result.
I see talk of June as the date for the development work to be mainly done, so there are a number of months yet to fund, bearing in mind that commissioning must then take place.
I dont understand the push for a HK listing if it doesn't raise any new capital. There is a cost associated with doing it of course, both in money and management time.
CDU Price at posting:
$1.41 Sentiment: Sell Disclosure: Not Held