"With the downturn in the mining industry either with shut downs and deferred projects and laying off of staff in mining service industries,now is the best time in a long while for the calling of tenders in a more competitive environment when companies are chasing work".
I'm going to go on record here now and say until I am proven wrong I believe you are WM Roh! NOBODY I know puts a better spin on things than him, and I'm not ready to give you the title just yet.
In case I'm not understanding this Roh please let me clarify your stance, and I presume the one we should all be taking (seems with all the thumbs up you have most on here agree with you):
With the downturn in demand from almost every direction resulting in serious decline of business for AUSTRALIAN mining companies (see where Chinese buying is "moving"), and with CDU's stock price going up (at times) well over 50% in the last month or so you feel NOW shareholders are sitting in the "right place at the right time to reap the rewards". That is because despite demand tanking at least I can find people to help me find more of it for cheap??!!
I'm not even going to mention things like share registers etc, but am I to presume that another GFC would be "good for Cudeco" as we were told last time? Do we need to buy more old cheap stuff???
Roh, you seem like a nice guy and I appreciate your love of everything CDU. I imagine you've got a lot riding on this and another pull back now with a possible long road back to these levels (or even a low ball takeover offer) isn't even a scenario you wish to take into account. I understand that.
However, CDU, it's share price and it's management have a history. One in black and white which is non debatable. Could this recent run be different than every one before it?? Maybe! Could it just fall into EXACTLY the same pattern?? Maybe!
I just think it is so dangerous when people set out with just such a one sided agenda that they fail to see (or want to) the other side of the coin. How that is even possible with this of all stocks amazes me. The fact that people were running here as fast as they could to give you a thumbs up says it all. As you may know this has happened before with serious consequences to a few holders who I believe were hit so hard (from left field to them) that many weren't able to continue holding the stock......
The fact is you and I (and particularly many I see posting on here) have no clue about this company. NO CLUE, which is the way it has been set up. We have no clue what the real costings are as the DFS was started and then put on hold as numbers started to come in. FACT. We have no clue how much CDU will be selling the copper for as the terms of the off take have not been given to shareholders. FACT. We have no idea what the intentions are of the 3 largest holders of CDU stock. 3 that IF they wanted, they could hold 51% of this company with a SINGLE mail out! Pretty much a FACT!
So tell me again Roh, why I should be buying CDU at these levels.........
- Forums
- ASX - By Stock
- CDU
- wilgar/ crushing plant
wilgar/ crushing plant, page-28
-
-
- There are more pages in this discussion • 53 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CDU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online