CDU 0.00% 23.5¢ cudeco limited

dso announcement , page-177

  1. 15,745 Posts.
    Brett,

    Its fact that miners report quarterly on what they take from the mine, both in tonnes and % copper. HGO for instance reported .87% as their mining grade in their last quarterly.

    Nothing difficult there, even for a small copper miner that is much less sophisticated than CDU.

    I recall all those posts from years ago that stated we would all know what is under the ground once mining started. The numbers were going to be fantastic!
    Well, its now been 13 months of mining since any numbers were given on the mining percents. The exact opposite to what was predicted is in fact taking place.

    Companies report on what they are mining because holders have a legal right to know that information.

    Sorry, but I have not posted that I have talked to CDU. That must have been someone else.

    I have a great chuckle when I read the posts that now say we will only know what is there once ALL the 30 million tonnes has been mined and processed. Wow, that would make CDU one of the most opaque mining operations ever if it really was the case. Thats a six or seven or eight year wait until the holders know what its all about.

    No other miner that I am aware of has such an issue.

    If what you say is correct, then CDU is well and truly unique.
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