major project upgrade ..., page-28

  1. 30,924 Posts.
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    sholtz, when I first looked at CDU via HC, everyone was raving about how good it was, how the JORC was rubbish, how brilliant Wayne was etc. So I spent a few days on DD. Still here because it might be worth an entry later when the situation becomes clear. But until then I'll stay on the sidelines. And this announcement is just amazing in that it clarifies nothing but just makes the situation look stranger and, to my mind, confirms that management have lost the plot a little bit. How could they not have spent a cent in over ten weeks (I'd missed a whole month out of my previous figure)? How could they describe this as a "Turnkey" project? How will they pay for the $300m Mineral processing Plant? How much will they need to borrow, and from whom and what terms?

    And that conveyor, how do they separate the copper from the waste?
 
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