Very Surprising KMPG, despite using "KPMG valuation specialist,....using industry standards and obtaining and assessing evidence supporting forecast production volumes and total reserves to be processed", didn't pick up on the fact last year that CDU didn't have a plan to mine cobalt , something which the asx had picked up on following the company's announcement that following the last cap raising that it was no longer anything other than a GOLD and Copper producer, This admission by the company following ASx action for those not familiar resulted in a monster demolition of the companies reserves.
It will be interesting to see what is presented as being expertly assessed this year on or about the 7 June 2018, assuming there are no more request to extends susssssssssspension
CDU Price at posting:
23.5¢ Sentiment: Sell Disclosure: Not Held