CDU 0.00% 23.5¢ cudeco limited

Will the plant cost another 100M- Nooo, page-10

  1. 30,924 Posts.
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    "Fact CDU investors invested in the company under the expectation that the resource grades were much higher than what they turned out to be in reality,"

    True.

    "if the grades were as advertise the situation would be much better than it is, anyone claiming to have concrete information to the contrary is completely full of sheet."

    Utter rubbish. So far the grades are pretty much as advertised in the JORC. But what happens when you "let cdu investors communicate and help each other," is that the false expectations are built up in a tornado of confirmation bias until quarterly dividends of $2 each become fact in the minds of the holders.

    The naysayers were pointing this out. The advertised grades did not a profitable mine make. And many of the holders who posted on HC during the euphoric times deserve zero respect for the way they behaved towards the naysayers and for their continuous, unsubstantiated ramping.
 
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