CDU 0.00% 23.5¢ cudeco limited

***** - copper is rising--now $us3.7008 per lb, page-2

  1. roh
    4,061 Posts.
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    Projected commissioning of the crushing plant---42 days

    CONIX,

    I sense your understandable enthusiasm for mining of Rocklands but, with due respect, the price of copper has been gyrating up one day down the next.

    It was over $7616 now its back to $7543 and all in a few days

    The daily movements in the copper price may have an influence on the share price but the copper price only is of importance when CDU is selling it and that is some time off.

    In a world of rapid change there is no way of knowing what price CDU will be getting for its copper/ cobalt/ gold .

    When CDU is in production,then and only then can I see any point in quoting price movements for these metals.
    ---------------------------------------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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