processing plant cost financing ?, page-2

plough

All and I repeat all of the financial arrangements conducted by CuDeco have been done in a professional manner.

CuDeco would not be at the mining stage but for the acumen of Wayne McCrae. Establishing the China office to establish long term relationships with the Chinese was not the usual path of a junior explorer but it paid off handsomely.

Mind you the strategy had its critics being described as a waste of money. How wrong those critics were.

Wayne McCrae had been courting the Chinese since ,from memory, 2007 and established the office in China in 2008. Without the Chinese money CuDeco would not be mining or if it were ,it would not be on the scale of 5 million tonnes per annum: in other words a much smaller show.

It is the planning ahead and leaving nothing undone that has projected CuDeco to where it is today.

Rest assured the planned path to mining has been rigorously pursued and that planned approach embraces the financial requirements. There is no stopping CuDeco now.

As the late Joh Bjelke Petersen used to say

"Don't you worry about that".