"The Company has already received several enquiries from interested third parties requesting to participate in both the Cloncurry and Townsville rail load and unload rail facilities. CuDeco believes that, if implemented, it will see the Facility fully tenanted by the forecast completion date. The facility will incorporate a design for further possible expansion to meet the expected additional output from new operations proposed to commence in the coming years. More importantly it gives CuDeco total control and security of its products being transported to the Port of Townsville from Cloncurry."
Two things - 1 Xmen will be smiling through gritted teeth on this magnanimous offer.
2 Good thing WM has secured accomidation facilities in curry - two steps ahead.
CDU Price at posting:
$3.19 Sentiment: Hold Disclosure: Held