CDU 0.00% 23.5¢ cudeco limited

why is cdu only $1.66 ?, page-48

  1. 9,116 Posts.
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    Buddy,

    You're spouting rubbish...

    "There is no solid evidence at all in regard to what you are trying to push forward to the faithfuls. Nothing but baseless speculations."

    The company has stated early DSO sales. The crusher is 500T/hr. They have a large stockpile of high grade NCu ore, 100,000 tonnes at last report, and still adding to it as they have only just reached the "jewellery box".

    The 'speculations' are not in the least bit baseless. There are a lot of facts to back them up.

    If the NCu ore going through that crusher was just 1% (hardly high grade), then they could recover 250 tonnes/ per week. 10hrs/day x 5 days x 500T/hr. That would be 25,000 tonnes of ore going through the crusher, then the 40mm screen.

    I'm betting my own good money that the high grade Ncu ore going through the crusher when it starts (and has already been successfully tested for this), is a lot higher than 1%.
    Last year they called the high grade Ncu ore 12-15%, figuring it is higher than 1% is a really easy to make assumption.
 
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