value adding, page-10

aka,

One thing we do agree on is that the share price places CuDecoin the most vulnerable position for a takeover since 2010.

It is a curious situation with so much shorting activity and sell down by M2G when serious mining is so close. What is behind all of this I leave to your conjecture.

I also agree with you that the Chinese hold the key. They would not be cheap sellers and would , if they were tempted to sell, would be looking for far more than the present share price.

Why did I make the statement that CuDeco was in the strongest position ever? I made it because serious mining is getting closer by the day and that means profit generation.

I also am pleased that CuDeco has progressed from the prospect to the mining stage and the capital raised for the mining of Rocklands has been raised at acceptable levels all above the current share price.

I n my previous post, I alluded to the adverse conditions for raising capital and the prospect of QMN , GBZ and AOH getting their projects away in the foreseeable future.

Compared with these and many other companies holding undeveloped mineral resources , CuDeco is in a strong position. One may well ask the question What is the future for these other companies?

With a large stockpile of ore all of which exceeds the JORC figure and more being added daily, CuDeco IS ready to go.

As for monies required for rail and port developments, profits will take care of these.

Good to see MMG got their $1 billion dollar financing for Dugald River. That will make for a heap of ore through the planned new Cloncurry rail facility.