Australia's largest stock trading and investment forum Australia's #1 stock forum

CDU

Click for more information

0.00%

23.5¢ cudeco limited

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

First 27 Last

Share
Profile

Follow
h00ts

35,875 Posts.

3285

28/06/18

16:00

Post #: 34014765
Share

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..

Expand

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
1 Upvote

0 Great analysis

Reply

Top Stories

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 40 more messages in this thread...

First 27 Last

Add CDU (ASX) to my watchlist