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BRIEF-Cudeco Ltd says in talks to refinance loan held with Minsheng Bank

Published 23/05/2017, 04:50 pm
© Reuters.  BRIEF-Cudeco Ltd says in talks to refinance loan held with Minsheng Bank
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May 23 (Reuters) - Cudeco Ltd CDU.AX :

* Responds to ASX query

* "Forecast production expenditure of $29.37 million is anticipated to result in operating income from sale of copper and gold concentrate of $35.9 million"

* "Company is in initial stages of negotiating a substantive prepaid sales facility effective June 2017"

* Currently in negotiations to refinance / restructure loan facility currently held with Minsheng Bank Corporation Source text for Eikon: ID:nASX9zQPnJ Further company coverage: CDU.AX

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