CDU 0.00% 23.5¢ cudeco limited

show me the money ! how big is the dividend ?, page-43

  1. 1,568 Posts.
    gday 5hareholder

    "The only way the copper eq. resource can be increased is if the native copper can some how be proven up to JORC standards."

    and that there is the crux of the matter....but you are wrong that it needs to be proven to jorc standards, it doesnt.....it just needs to be mined and sold :D

    1. the native copper is plentiful
    2. the native copper can be extracted through the metallurgical process
    3. the jorc did not take into account the native copper (hence the figure mismatch between jorc and agreements)
    4. the agreements being made are added proof that the jorc vastly underestimates the resource

    this is where the money will be made in CDU....once they start selling the product, it will be clear that they are easily able to reach the production targets

    they arent making these agreements for no reason..
 
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