"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..
CDU Price at posting:
$3.43 Sentiment: Buy Disclosure: Held