CDU 0.00% 23.5¢ cudeco limited

quarterly out, page-80

  1. 78 Posts.
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    Aka, I think the documentation referred to, "to be completed in 2 weeks" was the official acceptance document acknowledging official acceptance of the credit facility offer. This I believe is what is acknowledged in the latest Qtly (before that it was only an offer!!).

    Further documentation is now required to obtain any amount in stages totalling US$100m. This I clarified before. So I still cannot see an issue.

    The reason this has not been done is because in the foreseeable future Cudeco don't need it. Here timing is all important in the big scheme of things re need versus repayment schedules and cash flows.
 
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