Hi buddy134, With the revised Prospectus approved by ASIC,...

Hi buddy134,

With the revised Prospectus approved by ASIC, CuDeco now has the necessary finance from the Rights issue to move forward. Combine this with the plant electrification progression and the stage has been reached where Commissioning can commence by end of this month. Full production is planned for the end of July, 2016.

The Feasibility study provides confirmation via independent technical due diligence that the Rocklands modelling is appropriate and the Project is viable and will generate considerable cash flow fom now on. So dividends at 19c minimum per annum over the 10 year period sets the baseline. All costs are covered.

cheers,

Max