CDU 0.00% 23.5¢ cudeco limited

cdu v sfr ( again ), page-12

  1. roh
    4,061 Posts.
    lightbulb Created with Sketch. 2

    tv105,

    I would be seriously concerned if I held stock in any of the junior explorers.

    The last one I held I disposed of last year as I could see the difficulties in their raising finance to survive without severe dilution and this was a well run company with highly qualified people. Its share price has gone back since I sold.

    CDU under the astute management of Wayne McCrae is progressing CDU to mining and the uncertainty of him doing so is past history.

    Expect an update on the progress of the assembly of the processing plant. You are obviously looking forward to it.

    As for when production starts, Wayne McCrae is working to do that as soon as possible as it is not like Wayne McCrae to let very expensive processing equipment lie idle when it could be producing quarterly profits for its shareholders.
 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.