CDU
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0.00% 23.5¢ cudeco limited

Hi GuysIt sounds like some sort of external scoping study with...

  1. noiprocs
    3,376 Posts.
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    22/09/10
    13:09
    Post #: 7228553
    Hi Guys

    It sounds like some sort of external scoping study with likely cash flow numbers, perhaps to assist the Data Room/Fund Raising exercise currently being facilitated by Azure.

    The fact that it has been prepared by independant Metallurgical and Mining Consultants is a real bonus as it will provide some clarifying insights in relation to the JORC as it stands.

    IMHO if the announcement is very good, and the share price is sold down then we will have convincing evidence that the company is in play.

    Let's see how it unfolds.

    Cheers
    Nev
    CDU Price at posting: $2.00 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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