CDU 0.00% 23.5¢ cudeco limited

big block at opening, page-13

  1. 2,144 Posts.
    Hi Hoots
    If there is anything remotely in the ground approaching what both you and I, as well as a lot of others believe is there and they start mining at 5.5 mta and the copper price goes anywhere near where we hope then well I suspect the result will knock our socks off.

    Now I am not saying that will happen but if it does, I can see the August 18 report being given a new look, as well as the report that Nev has prepared and what Max has collated. I also am putting a few words down to go to a place where It may be viewed. This is only to do with CDU but this involves a lot more than that. Your comment that a lot are mining above 100% of JORC may also be viewed.

    I also suspect the writings of some on here may find their way into dossiers and the small amount of money earned may end up being well south of expenses.

    It's not hard to do a calculation based on 5.5mta at 4% copper plus extras.

    The report you are looking at would be based on JORC numbers.

    Wayne Michael McCrae has been shafted once too many times and this time it is his turn to return the complement.

    That report of Nev's, I am sure is getting a serious look at by the company and if things go the way I hope my belief is it will be the beginning of something we cant foresee.
 
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