CDU 0.00% 23.5¢ cudeco limited

30.3 mt @ 1.70% cueq, page-72

  1. 1,843 Posts.
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    Peter it's no big secret I feel you've got an agenda here but you've obviously put some thought into these numbers and I'd love to pick your brain some more if you don't mind.

    At the end of the day the ratio's could be anything when we finally start selling minerals in 24 months or so (right?). What i would really appreciate is if you could give me your rough thoughts on how much of each material CDU will be selling for say the first 7 years or so.

    There have been some good theories put out there that CDU will be drilling at a much higher % for the first say 3/4 years and then a gradual decrease as the years go on obviously. Of course that is taking into account NO new discoveries which I'll not even worry about for this.

    So if you don't mind could you give us an idea about what the sales figures will be for CDU as I'm a numbers guy and not a geo. I asked for the rough tonnage as I'll leave it to individuals to fill in what the price of each will be when we start selling.

    Thanks

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