this guy is buying more shares back.., page-11

The scaremongering on this topic has hit amazing levels.

Talks of capital raisings abound.....

LISTEN CLOSELY:

Cdu DO NOT need to raise capital by issuing more stock.

The biggest carrot they have to dangle is a "guaranteed offtake" agreement to whichever company gives them finance.

They may guarantee half the copper out of the ground at market price to whoever offers finance. This could be done at commercial rates around 15-20%.

Plenty of smelters out there willing to lend cash to guarantee offtake.

That means no dilution from here on in.

This will bounce once the companies finance is approved.

I would think Cdu management would be quite anxious to get the finance, ML and DFS sorted asap as the register is quite vulnerable at this time.

Just my thoughts

mm