CDU 0.00% 23.5¢ cudeco limited

News: CDU CuDECO says entered into two short term loan facility agreements, page-2

  1. 407 Posts.
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    Loans to pay loans, sounds like a cascade of credit cards using Visa to pay MasterCard and so on!
    Should they not have indicated, to give us some relief, that these loans would be able to be covered by income from the "mine".
    Of concern is the term " Both Loans are on commercial terms which are consistent with short terms loans of this nature. "
    This translates to exorbitant interest rates!!!!!!!

    And so it goes on............
    Would we expect anything else???
 
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