CDU 0.00% 23.5¢ cudeco limited

announcement out!, page-47

  1. 1,259 Posts.
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    The dfs has been useful for altonas bankers. It presumably shows funding this project is not viable ~ low grades, etc.
    It also shows to astute investors that equity funding would result in massive dilution. .. about 400%.

    The best option would be flogging the whole project to a miner tsking advantage of synergies with existing mines.
 
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