Wasn't the crusher commissioned 12 months ago, as scheduled...and started crushing the sp about 3 months afterward?
Seriously it would be nice if the coy comes up with an update on important issues such as funding(both $100m debt and underwriters' $50m equity), crusher becoming operational, timing of DSO sales.etc. This will reduce uncertainty regarding funding and consequently minimise shorting when professionals (brokers, instos) get back to work in a week or so.
I am sure the bigger players (instos) who have their contacts in right places and ears to the ground, know more about what's happening than an average mug punter in this forum, as they knew prior to the infamous 2010 J'Day.
CDU Price at posting:
$1.84 Sentiment: None Disclosure: Not Held
