CDU 0.00% 23.5¢ cudeco limited

minsheng bank us$65m credit facility ..., page-9

  1. 15,806 Posts.
    The longest 14 day period in history is set to finish tomorrow when those documents get signed. Just in time after some 7 months has elapsed.

    $65m should see them to the end of this calendar year. Its looking like they will be able to produce later in 2015 barring any mishaps in plant commissioning.

    Unless DSO sales get going in the meantime, I suspect they will still need some more cash before money starts to hit the bank account from regular sales.

    Hopefully 14 days stretching to 7 months plus isn't an indication of timeframes for the rest of the project activities.

 
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