reserves, page-15

The quote I put on here was from their announcement in April 2013.
5,000T of copper eq at that time 35 million worth.
using the mobile crusher.

BRETTO,

Thanks for the reply.

Now, Just in case you don't know it, I will let you into a small secret now.

Just for curiosity's sake BRETTO, have you given a thought as to how much we are going to get with CU grades the likes of the ones above, especially when we haven't been told if we are going to sell the CU as concentrate and as to how much we've got as a DSO.??

IMHO, concentrate is as to how we will sell it when ready, not in ingots.

Just have a good look below at what SFR has got, how much tonnage wise their shipments are, the copper grades of the Cu concentrate therein, and how much money they will get for that 10k tonnes of copper concentrate at 25% copper alone, and all without any Cu equivalents included either.:


"Underground mine (long-hole open stoping)"

Underground mine plan:

10.5Mt @ 4.9% Cu and 1.8g/t Au for 512,000t Cu, 597,000oz gold as at 31 March 2013

Mine Life: ~7 years

Processing: 1.5Mtpa concentrator

Product:

High quality concentrate grading 25% Cu

Typical shipment of copper concentrate = 10,000t grading 25% Cu, worth ~A$19M"



That is $19mill AUD dollars for 10k tonnes of a copper concentrate at grading of 25% Cu BRETTO. That amounts to $AUD 1,900 per tonne. A far cry from the $8,000 or $10,000 dollars per tonne as circulated around the traps here.


Maybe, if we were to be told how and in what quantities we will ship the concentrate, and as to what grading we will sell it, we could then be able to derive what's in it for us.

Until then, all we can do is to have some good guesses based on conjectures.

And finally, in regard to your last paragraph BRETTO, I wouldn't worry about me selling my farms and becoming an accountant because I am currently filling both of those positions already.

And now BRETTO, instead of making accusations that I am deliberately telling lies, which comments is based on hot air alone, you should come up with something to prove me wrong. Like I just did with my post above in posting something that is contradictory to what you've posted.

Maybe if you were to ask CDU to tell the market what is what, that could put an end to our arguments.

I will then, and only then, be enjoying the good things that will happen with CDU.