CDU 0.00% 23.5¢ cudeco limited

Suspension continues !, page-106

  1. 51 Posts.
    Hi B&M,

    I sympathise with what you have written. I can't see how any observer can have faith in the Management of CDU. Time after time we have been greeted with prognostications of what will happen, only to see something else take place.

    The longer the suspension of trade goes, the worse it will be for the share price and the company's future IMO. CDU are now in a delicate situation as far as funding is concerned. Funds raised now will be used for ongoing work at the mine. Who knows when the mine will be operational? Sales and cash inflow could be a long way off.

    Isn't the Minsheng loan supposed to be repaid this year?

    Bommer
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