CDU 0.00% 23.5¢ cudeco limited

Ann: Company Update, page-5

  1. 509 Posts.
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    Still cannot believe I didn't get out last year when it rocketed. Now I, like the rest of us, am stuck with this dog.

    Was trading over $1.80 not so long ago and they're raising at 1.25 and previous updates suggesting more work was done than has actually been done are now evident too.

    Electrical work not started, plant commissioning not started, next update they will tell us that they have only just begun mining ore and their current claim of 13x7 days is nonsense too.

    Sorry for the pessimism, but there are far too many white lies out there for my attitude to be any better.

    At least they remain solvent and the plant progresses, which is all we can really focus on.
 
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Currently unlisted public company.

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