It is a different situation at this stage of CuDeco's development.
The current CDU Rights issue enables CuDeco to get to production and hopefully early sales of native copper.
Raising $63m. in the current mining down-turn is a great achievement. This would not have been achieved unless the Rockland's Project was considered viable and able to generate a large cash flow for CDU shareholders.
cheers,
Max
CDU Price at posting:
$1.11 Sentiment: Hold Disclosure: Held