I think it is not a good idea to speculate on dividends as there are many factors that determine profitability. One great advantage CuDeco has over many others though is that it is going into mining with no debt [ unless it takes advantage of the standby bank facility ].
It will be interesting to see what CuDeco is capable of producing in the short and long term.
As a very large shareholder in CuDeco , Wayne McCrae would be looking to those dividends just as much as the rest of us shareholders.
CDU Price at posting:
$1.90 Sentiment: Buy Disclosure: Held
