The last I know was from the 30 August http://www.cudeco.com.au/pdf/880442.pdf
50 shallow holes a day, and assume they need analysing, so for an announcement at the AGM they probably could have drilled and had a backlog before 30 August, plus a few days after 30 August to allow for analysis so..guess 6 weeksx7x50= 2000 samples, at 2x2m spacing that's an area of about 90mx90m. They were drilling on about a 40m front so if they just kept going they would have advanced about 200 m and from the above report probably reached the edge of the anomoly if they just kept going. If they went to a 2x4 instead of 2x2 they would be well in the anomoly (and infill later-I would because my curiosity would be killing me).
At this point it could be anything. If there wasn't so much angst and this was a start-up explorer we'd probably have started at twenty cents as an IPO and the last results from 30 AUG pushed us to 40 just on speculation, similar to oil expectations during drilling. Your guess is as good as mine. DYOR. Maybe this is the bitch that can handle the dog with two what'ises. Or she could be spayed. At the moment she just has the cutest eyes.
CDU Price at posting:
$2.24 Sentiment: Hold Disclosure: Held
