5 million tonne or more stockpile, page-73

buddy134,

Time will tell just how profitable Rocklands will be and that time is lessening by the day. For those of us like you and me who are looking to go mining, the share price really is not the main game.

The rewards will be in the dividends. Even by what has been found to date Rocklands has a lengthy mine life which allows for CDU to own its own rail and port infrastructure which would be uneconomic for a mine with a short life span.

The dividends will be the determinant of the share price into the future. Cdu by its extensive research metallurgically and plant design is catering for high returns from the jewelleery box particularly in the first 4 years.

The low volumes of late even on an up day like today signify to me that sellers are reluctant to part with their shares at current levels. I believe that the market will be very tight as mining gets nearer.

At some point those 2,886,003 shorts will have to be bought back, more difficult when in competition with other buyers and the buyback and throw in fewer sellers.

Of course those lending the shares for shorting have the best of both worlds. They get a return on their shares now and at some point get them back. The share price is of no consequence to them. They know that the shorting will lower the share price but does that matter to them? no because they have no intention of selling anyway. They are looking to a future of dividends and higher share price.