CDU 0.00% 23.5¢ cudeco limited

cudeco and high frequency trading., page-40

  1. 2,594 Posts.
    ok gents (or ladies)

    I think I read zz says an average (still a great word) of approx 1% copper.(for the 30mt).
    So we have Hottuna JT Hoots agreeing with him and are convinced this is the final figure.
    So 300,000t of copper.(JT please check the math on that for me)
    So according to zz etc if CDU mine at say at 2% for 3 years then that will leave 120,000t for the next 7 years.
    (JT as above).
    Also if they have 3 years at 3% they have 30,000t left for the last 7 years.
    What I am leading towards is when the first 1mt is dug up stockpiled and part of it sold as DSO (should we include DSO or just say the drilling missed it.Up to you gents/ladies).I say skip it as it didnt show up in the jorc calcs as there is not much (by your calcs).
    So the average of the main stockpile.
    Well they told us that earlier.At the min averaging 3%.
    So if they can keep that % up we will run out of copper in just over 3 years.(according to you gents)
    Well we will just have to keep an eye on the stockpiles and
    their %.
    You gotta love the agm being in Cloncurry if thats what you want to know.
    Didnt get a reply to that email or the 2 before.
    Well the announcements answered the questions a week later
    but I bet they wernt meant for me personally.
 
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