show me the money ! how big is the dividend ?, page-20

I have a feeling that the 'pyrite' is infact meant to be CHALCOpyrite which is the copper orebody, not the iron sulfide.

Why do I say this?

1. Well pyrite as an iron mineral has not been discussed in any of CDU's announcements. Any iron mineralisation has been referred to as the mineral known as magnetite.

2. Pyrite, as an iron sulfide, is very dangerous to mine in surface mines because it can react with oxygen and water and turn into sulphuric acid.

3. CHALCOpyrite is occasionally shortened to pyrite in copper mining terminology.

What does this mean?

I would assume that the the quoted $805/tonne margin is factoring in the pyrite/cobalt, which is the copper and cobalt.

Happy to be proven wrong for shareholder's sake, but I would assume that the quoted margin is for most of the resource, bar any of the gold and magnetite that is economically viable for processing.