CDU is an explorer and still a long way (therefore with risk) from generating income. The likes of SFR and DML are further agreed in the lifecycle and although both have debt, they have hedged to secure great margins until debt is paid. Therefore risk has been removed while preserving these registry. In the short term costs of servicing the debt may seem high. However it is relatively risk free, and once paid down, shareholders will really reap the rewards over life of operations... Which lets face it... Is over a long period.
Compare ripe apples with ripe apples fellas... Please!
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- lets call it 230m
CDU is an explorer and still a long way (therefore with risk)...
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