CDU 0.00% 23.5¢ cudeco limited

bitter pill, page-14

  1. 1,363 Posts.
    Slats.....dont know what drugs your on dude.....

    2010 JORC M+I at 0.8% Cu equiv. Cutoff

    - 30.9 Mt @ 1.24% Cu equiv.
    - 0.81 % Cu
    - 0.12 g/t Au
    - 352 ppm Co


    2011 JORC M+I 0.8% Cu equiv cutoff

    - 30.3 Mt @ 1.7% Cu equiv.
    - 0.94% Cu
    - 0.19 g/t au
    - 472 ppm Co

    Apart from a drop of 0.6Mt (booo hooo) the grades including copper have all gone up......thats an upgrade and a pretty good one in my books. The tonnes are irrelevant as we have a 3 Mtpa plant, and anythig after year 10 (30Mtpa) relaly makes no difference to the NPV....

    I hope you did not once wear the baggy green for Australia.....if so, go back to cricket fella, and leave the share market to the grown ups.
 
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