CDU 0.00% 23.5¢ cudeco limited

major milestone coming, page-29

  1. 2,594 Posts.
    You read it.
    I dont take advice from anyone playing both sides of the equation.
    I dont have the time follow shorting because I work.
    So Im happy to wait till DSO sales soon and full mining by the AGM this year to make my decisions.
    Now hoots you have said twice the DSO sales are already valued into the shares.
    Well I dont see it.
    A very astute non holder with only zz as a name says (at first) there will be no sales this year.
    Then to have a bit of fun (yes zz and fun I know it doesnt mix) he has said Aug 1st.
    Is that the horses birthday?
    I dont take that as an insult if he saying that.
    So no sales according to non holders so it cannot be factored in.
    Now if there was sales factored in how much and how often?
    The jorc says 1.90% copper eq.
    zzz says maybe 1.0% copper (from memory)
    so about 30,000 t pa in full production.
    Now this is DSO.
    So as every non holder thinks there is not much DSO and its not going to be sold this year why would mr market )thats not my description) be allowing anything at all for non existing sales of non existing copper.
    Therefore by deduction there is no ,nil zilch allowance for anything from the market for sales.


 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.