Hi Stoops, haven't met or spoken with Geoff but your comments certainly confirm the impression I've formed. Yet to be convinced on CUX but quite confident I'm getting a good run for the money I've spec'd here, timeline to production is a definite upside here and I get the feeling they've been quite conservative, subject to available development finance of course. Thing is, with a great deal of the work done, this thing could run on the smell of an oily rag. As ltl's has kindly pointed out a lot of the O/H here is in consulting fees (no work/no pay) rather than fat salaries, as elsewhere. Happy to take you up on a drink sometime, let's keep in touch on that one.
CUX Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held