CDU 0.00% 23.5¢ cudeco limited

This company is a text book example of what not to do in the...

  1. 4,994 Posts.
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    This company is a text book example of what not to do in the world of mineral exploration, development and mining. The company has flouted just about every technical, geological, mining and processing, safety, operational, financial and investor relations conventions that have been established. CDU has been in suspension for longer than it has traded and has destroyed shareholder wealth consistently and reliably since 2010. The deposit is a poor quality marginal deposit that would only make money during high copper price cycle periods, with highly competent management and with a reliable mill, CDU demonstrably has none of those, and is an embarrassment to the rest of the mining industry.

    The fact that the regulators haven't done anything should in no way be surprising given how slow and incompetent they are, if that's your investment criteria then good luck to you.

    But your post did give me a good laugh so I thank you for that.
 
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Currently unlisted public company.

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