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CuDeco out of cash

Embattled copper miner CuDeco has run out of cash as it tries to recapitalise

Kristie Batten

The company had negative A$115,000 at the end of December, comprising just $2000 cash and $117,000 in bank overdrafts. CuDeco was kept afloat in the December quarter by a US$7.6 million short-term loan...

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