CDU 0.00% 23.5¢ cudeco limited

Ann: Financing and Corporate Update, page-16

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  1. 23,467 Posts.
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    Like I said, I did had a quick look at that announcement and came up with some answers.


    ""##In addition to this capital raising, the Company has received commitments from its major lenders to support the Company and re-negotiate their existing facilities. Negotiations are ongoing with the lenders and are expected to be concluded over the coming months.##


    Now, how can it be fully funded when negotiations are still ongoing and expected to be concluded in the coming months.??

    And in the meantime, another capital raising is coming and I wonder if the Directors will be digging deep in their pockets to participate.
    Last edited by buddy134: 19/11/18
 
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