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CDU, CUDECO LIMITED
nipper
post Posted: Jul 2 2019, 05:27 PM
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In Reply To: slipsam's post @ Jul 2 2019, 03:56 PM

looks like you're having trouble letting go, mate
QUOTE
.. one of the best ramp masters ...
- care to name?




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
slipsam
post Posted: Jul 2 2019, 03:56 PM
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In Reply To: stocks's post @ Feb 12 2019, 08:37 AM


Finally time to put the dog down.

Would be nice to see someone make a nice mini series of this debacle. Burgo could play himself.

Would be also be nice to see someone do jail time over this. they deserve it. A lot lost a lot of money due to the lies/incompetence.

Grandad? Thoughts?

 
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.

 

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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.

 
 


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