depth, page-76

Max - you have to admit that pre JORC in 2009 when CDU had traded as high as $6.50 the broking company refered too was in the good books with CDU and had placed a detailed buy rec report on CDU with a price target of $9.60 - The assumptions in that report were in line with the resource numbers constantly ramped here on hot copper - Post JORC they reportedly lowered their S/P target to just over $1 and it fell to $1.37 last year so in hindsight their S/P prediction wasnt to far of being correct.

I also doubt it will go to $1 but could retest last years lows - however that also looks unlikely at this point in time with all the 100k buy props from $1.40 to $1.50