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18/02/15
17:01
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Originally posted by Whalewatcher
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I wonder if shareholders could take legal action for "injurious falsehood"?
All of the below quotes are taken from the Chairman’s Overview in Annual Reports
2011
First incorporated in 1962, CuDeco is one of the oldest listed Companies on the ASX.
With our 50th anniversary occurring next year, what more fitting tribute than to realise the dream of making the transition from explorer to producer.
I feel exciting times are ahead, none more rewarding perhaps than the prospect of paying dividends to our loyal shareholders.
……………….
2012
Production from the Rocklands Group Copper project (100% owned by CuDeco), is due to commence in late 2013.
.......................
2013
By this time next year we expect we will be in production and steadily building revenues for our maiden dividend.
…………………….
2014
The construction time for the Rocklands mineral process facility was always set at approximately 16-18 months. This timeframe is still achievable considering construction commenced in August 2013.
…………………….
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Not to mention
breach of the Trade Practices Act of 1974, for misleading and deceptive conduct and
withholding the truth.
Legal issues with native title and cases with local owners never announced but you can find it out only from local newspaper. This is why we can't have rail.
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