quarterly out, page-67

Bretto
Thanks for the reply.

If you traded 4 times you did better than I did
the best I did was sell 20K at $4 recently because
I got sick of the promises excuses and all the
other bull that that I have been fed for years.
Most true believers have not traded, WM stated
"this is not a trading stock" ask Max
or there was always "expect the unexpected"
most were not prepared to be out of the stock due
BIG Ann that has been on the cards for years.
[ I like others am still waiting ]

There are many Club members that are very selective
about what is highlighted and was is ignored in their
posts the DFS is a point in question.
You are correct CDU do not need one to raise funds
WM went to China [time will tell if that was a good move]

On the other side of the coin you need to consider
investor confidence.
Have you ever bought anything "blind" how about a car
without looking under the bonnet?

As I have said on many occasions the only way CDU's SP
will rise is by a large increase of volume that will only come with a large Insto investor buying on market.
Our largest partners the Chinese never have and never will.
The problem is unless you believe what WM tells you in
private by expanding on the potential of the resource [more
speculation] HOW DO YOU VALUE CDU from an insto's point of
view?
How much impact do you think "early" DSO will have?
You have been saying SOON for more than a year will you be saying the same next year?
Will it start a buying frenzy?

No other Co that I am invested in have a gold pass
like CDU when it comes excuses
I will not list them I would be here for hours we all know it well but yet some accept the gospel.
At the AGM did anybody ask why the crusher is 14 months late
[no need to answer] just another example of true faith
just shift the emphasis to hope and expectation.

From my point of view there are too many unknown's,
but rather than decreasing with time they seem to increase
as time goes on ie: funding, timelines,profitability,port,
rail,sales,costs,off take agreement,etc,etc etc.

Now before I get the "we know better than you"
for at the AGM we were given an insight that only
a select few special investors were privy to
I too attended an AGM got the same treatment the only
comment I have is that most of the "wink wink" after a few years is still about to happen!

I more than most want the SP to rise but unlike you
that still dream of untold riches I just want out
at a small profit.
GLA
tv