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23.5¢ cudeco limited

EG - Capricorn Copper buying Mt Gordon of ABY -...

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h00ts

35,875 Posts.

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28/06/18

16:00

Post #: 34014765
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Originally posted by SteveTheMet ↑

There is profit to be made at Cudeco. But not at the $pt that they are currently absorbing.
A company that is not forced to endure (has to be) around 10mil$ Au a year in interest, 5mil $Au a year in Board fees (including flights and costs to perform/shares etc), legal fees, court costs, mates rates etc might actually turn a profit with a smaller throughput and a leaner management.

But its the same all over QLD....Look at MRV..they will have similar issues with recruitment and staff selection, overheads, legal fees etc.
But who am I to judge.

...dyor btw... as always..

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EG - Capricorn Copper buying Mt Gordon of ABY -

https://www.lighthouseminerals.com/our_projects/capricorn-copper/

Last edited by h00ts: 28/06/18

CDU Price at posting: 23.5¢ Sentiment: None Disclosure: Not Held
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