yeah, I never got to the end of the announcement stating there would be no placement at current sp levels before I posted - but it wasn't a lie it was a mistake - got it?.....
makes for an interesting situation though because I never yet saw mine development which didn't need money - somewhere, sometime, there has to be an injection of cash to mine the resource (and I know there are different ways to achieve that, but it still dilutes shareholder value whichever way it happens) - if there's to be no placement at these levels then at what level would any sort of cash raising be conducted? how will CDU possibly make any cash injection attractive?.... how much longer will it take to get this thing going?....
in any event, CDU has no credibility in my eyes and I will never believe any statement appearing in announcements until I see evidence of it - in my opinion CDU remains a disaster.....
CDU Price at posting:
$2.14 Sentiment: Sell Disclosure: Not Held