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CDU, CUDECO LIMITED
blacksheep
post Posted: Aug 22 2019, 07:13 PM
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In Reply To: mullokintyre's post @ Aug 22 2019, 05:39 PM

You may well be right Mick. The Australian article suggested the $327 mill forward tax losses may be a drawcard. Their exact words - "...which itself may be of interest to some groups"





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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
mullokintyre
post Posted: Aug 22 2019, 05:39 PM
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In Reply To: blacksheep's post @ Aug 22 2019, 12:10 PM

QUOTE
One of the drawcards is CDU's estimated forward tax losses of $327 million


I was always under the impression that if a company changes ownership by more than 50%, tax losses do not carry forward.

Mick



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sent from my Olivetti Typewriter.
 
blacksheep
post Posted: Aug 22 2019, 12:10 PM
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In Reply To: blacksheep's post @ Jul 3 2019, 11:06 AM

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So stay tuned for the sequel - CDU2 biggrin.gif Hopefully less drama than CDU1


Seems CDU will have a second coming - Copper mine plan back from the dead - headline in today's Australian. The HK office of Perth Argonaut is sending out flyers to prospective buyers. One of the drawcards is CDU's estimated forward tax losses of $327 million



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
stocks
post Posted: Jul 28 2019, 06:57 PM
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In Reply To: blacksheep's post @ Jul 27 2019, 11:09 PM

Wacko here, Grandad got a new nick long ago, he IS READING this thread.

 
blacksheep
post Posted: Jul 27 2019, 11:09 PM
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In Reply To: stocks's post @ Jul 27 2019, 07:44 PM

Grandad's profile shows
Joined: 23-July 15
Last Seen: 11th May 2016 - 09:22 PM

He hasn't responded in the last 3 years. But hey - knock yourself out proving yourself right to someone who doesn't appear to care:wacko:



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
stocks
post Posted: Jul 27 2019, 07:44 PM
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In Reply To: blacksheep's post @ Jul 27 2019, 01:57 PM

Grandad is still with us, I don't know about Max, Grandad was SO sure I was wrong along with all the other rampers of this DOG stock, they have all gone to ground now.

 


blacksheep
post Posted: Jul 27 2019, 01:57 PM
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In Reply To: stocks's post @ Jul 26 2019, 07:12 PM

QUOTE
In Reply To: uniden's post @ Dec 17 2015, 11:23 PM

So you are reply to to a post made back in 2015 that poster "grandad" made - "grandad" hasn't made another post since that time (2015). Do you really expect "grandad" to respond? Maybe "grandad" has entered through the pearly gates?

CDU is finished - probably hasn't entered through the pearly gates - more likely gone to hell lmaosmiley.gif Time to move on methinks



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
stocks
post Posted: Jul 26 2019, 07:12 PM
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In Reply To: uniden's post @ Dec 19 2015, 09:05 AM






In Reply To: uniden's post @ Dec 17 2015, 11:23 PM
uniden,

So far ,despite numerous ,you replies have produced no EVIDENCE to back your claim. I again ask you to produce that evidence.

Where is your evidence to back your claim that the four companies wanting to invest up to $50 million dollars in CuDeco were duped?

Grandad, do you NOW believe that the big 4 was DUPED.





 
stocks
post Posted: Jul 11 2019, 08:40 PM
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In Reply To: blacksheep's post @ Jul 3 2019, 11:06 AM

T4P, I called him M4P, (milk 4 profit), he IS the ramp master, look up GDN, he was a full bottle on Oil/Gas then he found Uranium, when that crashed he went to CVI, at CVI he found every thing, any poster who went against him was banned, then he moved to CDU, the rest is history.

 
blacksheep
post Posted: Jul 3 2019, 11:06 AM
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In Reply To: nipper's post @ Jul 2 2019, 05:27 PM

QUOTE
.. one of the best ramp masters ...


Probably referring to Trade4Profit, a poster on HC. You'd have to say this analyst also gave CDU a jolly good "nudge" at the time with his "guestimates".

QUOTE
NOW to the long-awaited Martin Place Securities report. Seeing as Cudeco has not seen fit to update its resource statement, Dawes took the highly unusual step of estimating the size of the deposit based on published results of more than 70,000 metres of reverse circulation and diamond drill holes.

Dawes, who owns Cudeco shares and has conducted capital raisings for the company, estimated the Rocklands deposit contains over 111 million tonnes at 1.83 per cent copper, 0.24 grams per tonne of gold and 0.06 per cent cobalt over four prospects. He estimated it would cost only $100 million to develop the deposit. Curiously, even though he thinks the deposit is nearly twice the size of Cudeco's initial non-JORC estimate, he now has a one-year price target of $10 and a valuation price of $13.16 on the stock - a far cry from his initial $25 call.

Dawes said the new resource statement was expected in the second half of the year. He added his firm understood "many large mining companies have approached Cudeco and have … offered full project financing for access to the output".

https://www.smh.com.au/business/getting-to-...80504-2at7.html

Interesting article in the Australian today whereby Wayne McCrae blames the Chinese - saying getting them involved was his biggest mistake and that he blames CDU's problems on the processing plant the company ordered from China, which fell short of what CDU ordered and was never going to work.

We'll never, never know. biggrin.gif

CDU has been a fascinating stock and there are numerous lessons here for investors

Will be interesting to see who eventually picks up this "asset" and if it gets another go on the ASX. I can think of a number of mining execs who like to pick up these types of projects and package them up to be the next big thing.

According to McCrae, he's still convinced that there's a rich ore body and hopes it finds its way into the right hands - someone will make money out of this eventually he said.

So stay tuned for the sequel - CDU2 biggrin.gif Hopefully less drama than CDU1



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: nipper  
 
 


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