CDU 0.00% 23.5¢ cudeco limited

wilgar high grade, page-98

  1. 5,948 Posts.
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    zzedzz.

    although a fulsome and satisfying feast, don't feed me my own words as if I am agreeing with you. Get off my coat tails.

    The quote was from CDU "official" source. We ALL know that the JORC didn't provide the definative answer, just as per the regulations.

    What is believed by the company is that considerably higher of about 4% will be mined. The choice of 4 years planning before getting into high volume processing would be conservative. To imagine that CDU could dovetail perfectly well and transition form NCu to loer grade in an afternoon is ludicrous.

    4 years chosen by CDU would be the safest date to make sure CDU were well and truly ready to transition from one to the other. It isn't hard to guess that some sort of fat tail would occur beyond. Perhaps a fat head might imagine an absolute 11th hour, 11th day 11th month precision, but not anyone who has any real world experience.

    Prudent planning in my opinion by CDU to be ready in time and is no reflection on absolute cut-offs of the rich NCu.

    I trust I have said it enough different ways now that at least one sinks in, but prepared to have another shot if needed.
 
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