Agree completely Paprad!
You have hit the nail on the head, i was a great believer in McCrae and Rocklands until i saw the result and realised how WRONG i was and how fooled i was in believing the hype about the size of the resource, i was expecting around 100 million tonnes around 1.5/2% Cu eq, the recent JORC is nothing short of laughable, for CDU to go on a witch hunt for certain posters who challenged the hype is ridiculous and CDU short be shown the door of any court room. I became suspicious after the JORC failed to be shown from the Novemeber AGM last year, then again it was promised by the year end, again another faliure, to have it 8 months later for this result is nothing less than shameful. The dealys were to me clearly a result that the JORC simply couldnt live up to the hype which is what happened. A very sad story that has unfolded for so many shareholders, again i was one of those who believed that they were onto something big and was clearly wrong. I have never owned CDU but have watched over the years with great intent, to see this grand JORC if it wasnt so bad it would be funny.
I feel for all long term holders, i think that CDU has lost all confidence with what it had in the market, with trust lost and many holders slaughtered i think that they will certainly go under $2 and probably stagnate for a while, i just cant see anything that could possibly lift CDU out of this self inflicted whole created by its own leaders.
Cheers
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