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CDU, CUDECO LIMITED
stocks
post Posted: Feb 12 2019, 08:37 AM
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In Reply To: slipsam's post @ Nov 5 2018, 09:07 AM

the ability of this company to hang on and avoid administration is just amazing.

Well right now you could say they have trouble keeping there head above water.




 
stocks
post Posted: Feb 12 2019, 08:37 AM
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In Reply To: slipsam's post @ Nov 5 2018, 09:07 AM

the ability of this company to hang on and avoid administration is just amazing.

Well right now you could say they have trouble keeping there head above water.




 
slipsam
post Posted: Nov 5 2018, 09:07 AM
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In Reply To: stocks's post @ Sep 30 2018, 10:12 PM

the ability of this company to hang on and avoid administration is just amazing.
I thought they would have gone under years ago, but they just keep going, all the time accumulating debt.
No money, no employees, no suppliers, bugger all copper, massive debt.
Will be amazing achievement if they get up and running again, cant see it myself.

 
stocks
post Posted: Sep 30 2018, 10:12 PM
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In Reply To: slipsam's post @ Jun 14 2018, 08:17 AM

Things must be very grim financially............. LOL, not only for company but also for the long term holders who was sucked in by one of the best ramp masters HC has had.

 
slipsam
post Posted: Jun 14 2018, 08:17 AM
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In Reply To: stocks's post @ Apr 18 2018, 11:25 AM

Suspension on suspension, when will it end?
How long can a company be allowed to operate without publishing financials?
Things must be very grim financially.............

 
stocks
post Posted: Apr 18 2018, 11:25 AM
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In Reply To: slipsam's post @ Apr 17 2018, 03:18 PM

""The concept of profit or dividends is just not on the agenda"""

100% correct, was never going to happen, the BFS told them that at the very start, amazing how a company can hold back that info and not get in to any kind of trouble.

Amazing what a good ramp team can pull off.




 


slipsam
post Posted: Apr 17 2018, 03:18 PM
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In Reply To: stocks's post @ Apr 16 2018, 07:01 PM

You would think so, but this company never ceases to amaze me.
I thought it would of gone under a year or 2 ago, but they seem able to keep struggling on, taking out short term loans, cap raisings and forward sales to just stay afloat. All of which have eroded any chance of a life of mine return.

I think it continues to exist purely as a mechanism for the banks to try and re-coup their loans, and as a way for the Chinese to get their hands on some copper at a discounted rate.
What happens once the (downgraded) jewelry box has been raided?

The concept of profit or dividends is just not on the agenda.

 
stocks
post Posted: Apr 16 2018, 07:01 PM
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In Reply To: stocks's post @ Mar 23 2018, 09:20 AM

It sure looks like this is all over now.

 
stocks
post Posted: Mar 23 2018, 09:20 AM
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In Reply To: uniden's post @ Dec 29 2017, 12:46 PM

I see they have had to down grade the copper holdings by 58%, has some one been telling pork pies???.

 
uniden
post Posted: Dec 29 2017, 12:46 PM
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In Reply To: blacksheep's post @ Dec 29 2017, 12:41 PM

T4P is alive and well, no one is ramping CDU now, have lost Max and Grandad.

 
 


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