total revenue for rocklands $us17.8 billion, page-6

Shortchange, how about the cost of building a magnetite concentrator, or the additional mills to grind it, and the additional power to drive those mills. What is the operating cost of producing a magnetite concentrate?

A magnetite plant set EHM back about ~US$80M, and they already had mills commissioned. How quickly do you think CDU will be able to pay that down (plus the very substantial cost of constructing an extra mill line) processing 14% magnetite ore? My opinion is that magnetite is a non-starter. If EHM couldn't do it, there is no way in hell that CDU will be able to.

I mean being positive about a stock is all good and well, and CDU could, if they chose, make a very credible case for making a copper mine, and one that I would be wholeheartedly on-board with. But, and it is a big but, all this messing around with copper equivalents, Co concentrates, sulphur credits and magnetite really muddies the water and damages their credibility with anyone with any sort of working technical knowledge of copper mining.