CDG 0.00% 7.0¢ cleveland mining company limited

Here comes the boom......., page-44

  1. 139 Posts.
    Even if they get the upgrades done and everything up and running smoothly, my fear is they don't seem to have the guys, the parts and the smarts on the ground to consistently run the pay. David had to go over six months to bed in a new mine manager and 'results' over the last 6 months and over the last 5 years have demonstrated that any problem turns into a major issue very quickly. I agree that more money will be required and there will be further delays. David can't run the mine from Perth and I have no faith in the guys on the ground. Better investments elsewhere over the next 6 months. Then we'll see. I hope for David's sake and for the holders that the company is still around in 6 months.
 
watchlist Created with Sketch. Add CDG (ASX) to my watchlist

Currently unlisted public company.

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