Too good to be true is Chinese company off-take is important to CDU to be success native copper mining. otherwise . CDU did not go anywhere I reckon.
That is true , Is china state owner's company has sign any agreement or not?
CEO of CDU has to await and further show the high grade CU to Chinese investor which is next drill results to confirm CDU has quality Copper assets at Rocklands and good quantity as well---- it has to be approved.
If this will be on next announcement, then, that will send CDU's share price to the north.
Current, shipping all surface CU minerals to china is true, but it is too little, China needs more decent qualities and quantity as well in a long term supply basis.
If CDU can meet these requirements, $10 per share is possible.
We will see and time will tell.
CDU Price at posting:
$1.82 Sentiment: Hold Disclosure: Not Held