Ann: Cudeco regains 100% control of Multi User Ra, page-31

re: Ann: Cudeco regains 100% control of Multi... Lets see:
spend nearly $100m to get $15/GJ gas to site from Mt Isa

or

buy electricity from a remote site i.e. Mt Isa for the cost equivalent delivered approaching PV or windmills

or

Fuel oil.

Seems Fuel oil is the go if located on CDU site

Now I need $20-30 m for the plant and fuel storage/handling and operating costs of about $40-50/tonne ore.

How are they hanging for you? Does this make money?

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Or I can transport the ore to Mt Isa. Nah.

Wouldn't fit the MD's altruistic dream of turning the 'Curry into the metals centre of the world, with the world class "W. McCrae Memorial Hospital" at the opposite end of 'Curry to the world renowned copper "ore to pipe, tube, wire and sheet" plant. (What DID happen to that idea??? I guess due for resurrection.)...

..the "W. McCrae Number One Happiness Copper Factory of Willing Numpties (Cloncurry Division)".

No doubt Chinese financed with impoverished CDU shareholders, now workers.

I just read my post and wish to hell I hadn't mentioned windmills - if CDU read that, the Selwyn Range will be filled with Chinese ones.

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Just forget all this stuff, wasting shareholders money on zero return projects and just dig ore.

Five years into mining and after discovery of a 2 km deep pipe of ore similar to the Isa, you can start dreaming then.

(Groan). I just remembered ..CDU has ideas of making yellow cake too.

None of what I have written is new. These have all be floated before. Doesn't it all seem a bit weird to you?

Don't forget to work out if indeed the roaster cost benefits stack up