Cusox "As a shareholder of aoh, I wouldn't be keen on aoh having any dealngs with cdu on Roseby now or in the future.....In fact I would prefer aoh giving away Roseby to cdu... as a charity. It will reduce aoh's overheads!"
Isn't this a case of being penny wise and pound dumb? AOH can sit on little eva for quite sometime now. Finland will not produce enough income to generate any substantial profits. Little eva will - long term.
A JV with CDU would share the risk, reduce costs and combine expertise! What a way to go.
IMO Soon CDU will be making sales, they will be making profit and looking to expand. Little eva is just up the road.. it would not be that hard to tuck high grade ore to rocklands(MMG truck ore from dugald to lawn hill, produce extra cashflow for CDU and AOH. This could then be used to get the big game on the go... Profit is in scale.... My word if these companies combined they would indeed be the new force in copper.
Isn't half of CDU's machinery sitting around? Wayne get it up there and make use of it.
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