CDU 0.00% 23.5¢ cudeco limited

Not all doom and gloom at all, page-2

  1. 8,847 Posts.
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    I agree with everything in that article Dossa, thanks for that.
    However, being in a Cudeco thread, I should point out that Cudeco is not a producer. They have produced no copper nor DSO nor concentrates. There is no timeline for when they will start either. Nor is there any evidence that they can get there without going back to shareholders and asking for more money.

    This article is very relevant to other companies like TGS or SFR and perhaps OZL as well, as they are copper producers.

    Perhaps later in 2014 we will get an indication about when CDU will start producing something, as well as some costings. That's the point when I'll look to add to my very small holding. So far this year CDU have been a very poor performer with broken promises, a flat share price, and now in debt (I think, no indication of actually getting any of the loan funds).
 
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