CDU 0.00% 23.5¢ cudeco limited

quarterly out, page-39

  1. 8,885 Posts.
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    Buddy,

    How about you go and read p53 of the quarterly, where it clearly shows the measured resource at .8% cut-off to be 19m tonnes at 2.2% CuEq.

    That would be 6 years at 3m tonnes a year. Clearly the company is indicating that they will be processing high grade material in the initial years, then look to upgrade the processing plant.

    Perhaps you also missed this bit from p40...."Mining at LM1 pit is currently replicating or improving ore grade averages..." and ...." Two separate bulk testing programmes were conducted, collectively averaging around 4% CuEq"

    As you are clearly wrong, I will restate that "nearly double" will likely be ~4% CuEq.
 
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