CDU 0.00% 23.5¢ cudeco limited

rising share price, page-17

  1. roh
    4,061 Posts.
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    Now only 122 days to commissioning of the crushing plant.

    James Crawford,

    I agree with you that CDU is restrained and thus restricted to using the JORC calculation. However, the company has on a number of occasions now repeated what its own testing has indicated and that is at a much higher figure.

    It is up to each individual investor to accept the lower JORC figure or the much higher company test results figure.

    We have 4 overseas companies[ three Chinese ] with investments in CDU and ,in my opinion, their investments would not have been made on the JORC calculations. After all, they did make their share purchases, with the earlier exception of $2 a share, at premiums to the then current share prices.

    Would they have done so taking the JORC figure as the guide?. I think not.

    With respect to your assumption that Wayne intends to surprise,I believe he has already done so in progressing CDU from a two bit junior explorer to a top 200 listed company on the cusp of mining.

    Wayne has had a lot of detractors both in the media and on this forum. By delivering on Rocklands, Wayne will have been vindicated and part of the unfinished business will have been done.
    ===================================I believe there will be some very embarrassed journos and others and very happy shareholders when the first production starts and that's another day closer.
 
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