cdu likelyup soon in senate inquiry into asic, page-85

Hi Roh,

As well as the shorting that occurs with CDU securities, of interest too is the way in which CuDeco has been unfairly treated by the media.

The media has been happy to criticize CuDeco Management while not providing any balanced analysis about the resource at Rocklands. Perhaps, the Gold Coast Bulletin is a minor exception.

In addition, is the attention given to CDU securities in the market by institutions and corporate entities. These bodies have adopted trading strategies that has seen large volumes of CDU shares swapped back and forth amongst themselves.

The result has been a CDU share price that under-values CuDeco Limited and rarely responds to good news from the CuDeco Management in the way expected for an emerging miner such as Rocklands.

This is also the cause of an associated dampening of CDU shareholder enthusiasm for the stock leading many to stand aside from their holdings.

The up-coming Quarterly Report for CuDeco should bring shareholders up to date on the current position in relation to the completion of the Rocklands plant and likely production time-lines.

cheers,

Max