CDU 0.00% 23.5¢ cudeco limited

dividend, page-3

  1. roh
    4,061 Posts.
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    projected commissioning of crushing plant---36 days

    blon,

    As a non shareholder in CDU ,I thank you for your interest.

    Talk of dividends is premature. There have been guesstimates by posters on what profits may be generated if the official JORC figure is used or the higher grade figure the company has catered for into the design and manufacture of its processing plant .

    These guesstimates were based on a throughput of 3 million tonnes per annum. However there is a fresh EIS submission which entails an increase in the throughput to a mooted figure of four and a half million tonnes per annum.

    As I have pointed out to other posters, gjcl and conix, trying to work out profits using today's copper prices has no relevance to what the copper price will be when CDU is selling its products at point of sale.

    So you can see, it is impossible to even guess at what profits will be generated or what dividends will be paid over the next 40 to 50 years or beyond.

    ===================================iIbelieve there wil 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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