The other problem with CDU was buying back shares when it was not even producing. All that money would have been better spent on the project or kept for a rainy day such as now. They suddenly borrowed 62 million, no cash flow and no product to sell. How soon and they cash will run out. They will need to raise more capital or borrow or finally sell something, however the last option seems a long way away.
The other problem with CDU was buying back shares when it was...
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