CDU 0.00% 23.5¢ cudeco limited

Don't they plan to fund the remaining $15m through sales of DSO...

  1. 196 Posts.
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    Don't they plan to fund the remaining $15m through sales of DSO and native copper?

    "The Group plans to fund the remaining capital expenditure and working capital of approximately $45m through the $30m share placement to China Oceanwide International Investment Co. Ltd and through sales of processed ore and/or native copper. During the period the Group completed minor sales of unprocessed ore however it is the Group’s intention to sell processed ore in future periods to maximise the profitability of the project."

    That would be a good outcome. Or is there another source of obtaining this $15m. I would like to see some sales soon.
 
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