Mobten I do not understand your comment "I'd have to agree that CDU's 'market cap' is unlikely to be under $2.00. "
No one has a clue as to what the share price will be upon relishing! We do not know when it will be re listed!
We do not know what action the green commies will be regarding objections to mining. These people are embedded within the Queensland labour movement and they will try to stop anything. They will find some rare ant that exists nowhere else.
We do not know if they will successfully slow down our mining application. We don't know how desperate the Qld. government is for development. It is interesting the difficult world financial conditions may just work in our favour as right here right now is not the time to allow dissidents to achieve success. They just might fast track us to success. That is the flip side of a chrysis
What is important is the EIS has been approved and we hope it covers any areas the green commies will try to attack from.
We don't know if WM has been successful in financing the deposit or what dilution will be in the process.
We don't know what rabbits will be pulled out of the hat at the appropriate moment.
What I do suspect is that a very beautiful rabbit will be pulled out at the appropriate time. We ducking well need it.
All we can do is wait. The team is good.
CDU Price at posting:
$3.39 Sentiment: Buy Disclosure: Held
