cdu likelyup soon in senate inquiry into asic, page-170

BUDDY134,

So you do not believe that any of the buybacks were successful .

You are not acknowledging that there would be more shares on issue now but for the buybacks.

Wayne McCrae was able to have buybacks because he was astute enough to have raised sufficient capital to be able to afford them.

Other junior explorers could have done the same had they had the ability to raise funds as Wayne McCrae has done and they would not be in the parlous state they are in now had they done so.

The junior explorers would not be scrapping around trying to issue more and more shares at ever lower prices had they had the foresight of Wayne McCrae and did what he did.

They would also not be experiencing their shareholders' wrath

You may have missed my post regarding our neighbours QMN.GBZ and AOH. I would add to that post that their future lies ,in my opinion, in discoveries like Rocklands and even if they are so fortunate as to make such finds , they are years away from mining.

CuDeco is mining now.