CDU 0.00% 23.5¢ cudeco limited

") is this project going to happen as per management...

  1. 46,742 Posts.
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    ") is this project going to happen as per management projections?"

    Ikhutch - We all certainly think it will as do the 3 cornerstone investors who have put in over $200m at prices from $3.60 to $4.

    You may not know that they have ticked the boxes below and are having their crushing plant operational by December this year !

    Mining licence approved - Yep

    All the rolling stock trucks, excavators, dozers etc bought paid for on site and working as we speak digging costean trenches in prep for mining. - Check

    Port facility at townsville for shipping - Yep

    Rail spur for loading of the concentrates - Yep check Armando.

    Concentrator plant , rollers and full steelwork for plant ordered and $30m deposit paid = Check

    $145m cash in bank - Yep

    Bulk tests showing grades in line with the EIS application of 100000 ton p/a significantly above the JORC conservative resource estimate - Yep

    I could go on ! LOL - yep its going to happen -as Joh used to say dont you worry about that.

    Hoot



 
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