NOW ONLY 203 DAYS TO COMMISSIONING OF THE CRUSHING PLANT
The offtake agreement it should be remembered is between two separate entities and it would be improper for one pary [ in this case CDU ] to release details of the agreement without the specific ok of the other party.
CDU, if it broke the confidentiality agreement with Oceanwide without a specific release from that company, would have breached its legal obligation , a serious matter.
By merely stating that the offtake agreement is linked to the LME, CDU has not breached its legal obligation to Oceanwide as nothing can be deduced from that whether the agreed price is above, below or the same as the LME price and that's the way it should be. -------------------------------------------I BELIEVE THERE WILL BE SOME VERY EMBARRASSED JOURNOS AND OTHERS AND VERY HAPPY SHAREHOLDERS WHEN THE FIRST PRODUCTION STARTS AND THAT'S ANOTHER DAY CLOSER
CDU Price at posting:
$3.34 Sentiment: Buy Disclosure: Held
