some charts can be deceptive......, page-25

When I give thought to the current situation with CDU,the following comes to mind;

Would CDU have proceeded with
1 Native Title Agreement
2 EIS submission
3 Extensive Metallurgical test work
4 Mining Lease Application
5 Port of Townsville lease
6 MOU with Sinosteel
7 newly constructed workers' quarters and geologists' office in Cloncurry
if it wasn't very seroius about mining Rocklands by open cut for 10 years at 3 mt per annum?

Having read Nev's comparison with the costs associated in getting Ernest Henry up and running again and instead acquiring Rocklands,I too hold the opinion Rocklands is a better proposition for Xstrata.

There have been millions of shares trading hands and I would love to know who is buying.The company has reported major shareholders had increased their holding.

None of CDU'S Directors have been selling [ one bought 5,500 @ $2.20 the other day}.