Many questions

Question: If CDU had an economically saleable native copper resource, wouldn't they have sold the copper to before raising equity?
Question: If CDU had saleable ore that could be profitably shipped to Ernest Henry Mine, wouldn't they have shipped it before raising equity?
Question: If CDU could demonstrate an economically viable copper project at Rocklands, wouldn't they publish a DFS to enable them to raise finance more cheaply before raising equity?
Question: If CDU could raise capital from other sources, why would they pay options worth a quarter of the funds raised to a previously unidentified 3rd party?
Question: If CDU had Oceanwide bound to an enforceable agreement to subscribe to new equity, and if CDU had an agreement from Sinosteel to provide funding on an interest-free basis, wouldn't they have used these options before raising equity?


Big one:

Question: Why should anyone provide CDU with more money?

It's your EGM shareholders...