major milestone coming, page-199

  1. 51 Posts.
    JT1

    Thanks, I hope it works out too.

    When calculating your NPV you would need to make a number of assumptions. Can I ask what resource numbers do you use when calculating future sales ie only use measured or do you include indicated and inferred? Do you exclude Magnatite sales as some suggest that they won't be profitable?

    The other unknown(among many) is whether further exploration will uncover any additional ore that may significantly alter the whole scenario.

    I think it is a pity that CDU may begin selling product in what appears to be a time of weakening demand (and price)for Copper. I believe that the expectation is that supply will exceed demand into 2015. It would be unfortunate if some of the best Rocklands product will be sold before prices rebound.

    Perhaps delays in finishing the processing plant will, in a perverse way, end up being to Cudeco's benefit?

    Bommer
 
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