Why should CDU do a BFS and spend $20-$30m doing so which would be based on the JORC figures anyway ( which we know understates the percentage of the resource ), in my mind is a total waste of money. I would do exactly what wayne is doing now, re capital raising and use that $20-30m doing the buy back. Stuff the big end of town. ( I used a broker once, just about every time I rang, he was either out to lunch , 1-2 hours or he was tanked from his long lunches. Half the time couldn;t understand a word he was saying. The Dali Lama makes more sense.
My opinion only.
flinders
CDU Price at posting:
$3.52 Sentiment: Buy Disclosure: Held
