had to troll back thru threads but this was posted by AKA post AGM, hope you dont mind AKA
"just a quick post before I go and do some damage on the blackjack tables .
I think Wayne was so euphoric over his M.L approval he got he BFS confused from his DFS probably because he has had to deal with so much BS !
The document is correct the company is "not" doing a BFS because the " B " stands for Bank which is a four letter word that Cudeco has no need or desire to deal with.
A DFS and detailed development path program as per the one recently released by Sandfire is in the pipe line.
The reason the development path schematic was not included in this year's annual report is because the bureaucrats kept blowing out the EIS / M>L time-lines.
Now the comapny has certainty with the M/L approval we can expect to get an updated time line and costing as per the SFR report in the not to distant future.
SFR did do a BFS as they chose to go down the bank funding road - Wayne has chosen " the road less travelled " and if all the smiling faces at the AGM today are any judge to go by that road appears to be the right one."
I hope to see this info released in the roadshow presentation
CDU Price at posting:
$4.02 Sentiment: Buy Disclosure: Held
