CDU 0.00% 23.5¢ cudeco limited

quarterly report to march due next week, page-2

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    Conix, yes I imagine it will bring together all the previously released results nicely and give an update on site development. However your statement regarding dividends has me a bit miffed. Unless Wayne formally announces a dividend policy we are still in the dark until at least a fair way into the first quarter of production in respect to divvies.

    Looking at the contracts so far we have a vital piece of equipment contracted for the end of December. That indicates that production will not start until January at the absolute earliest. Maybe the quarterly will help us determine how far after January first production will be, but certainly will not tell us how big a dividend will be paid, especially as it is fairly obvious that we will still need to raise capital form this point.
 
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