Hi, not sure I can add much to what you say. But what you say...

Hi, not sure I can add much to what you say. But what you say makes sense to me. I don't know Cudeco or the contract. Only reason I was looking at Emeco because I'm in the mining industry and know most of the mining service players in some form so looking at mining services given the rebound. But if your right in what you think and your a cudeco shareholder you probably have a case but in my experience it's very hard to prove any wrong doing although they probably tripped over a bunch of un ethical actions along the way. I'd just get out of Cudeco if it smells that bad. Maybe ask the ASX to request a "please explain". That might get the ball rolling with them to come clean. To me it's just another reason why I should be shorting Emeco if I could find a counter party ! As one of the other guys pointed out they are negative equity and will be for years. Mining service companies struggle when they have equity with cash flows etc let alone try to manage cash flow when its negative.