CDU 0.00% 23.5¢ cudeco limited

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  1. roh
    4,061 Posts.
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    Projected commissioning of the crushing plant--77days.

    alimak,

    You have been on my list for years but then again it is an easy matter to set up a system where one user can have multiple nicks .

    Like it or not CDU is going mining which will wipe away all the negativity from your postings over the years.

    CDU has announced modifications to the crushing plant and a revised commissioning date of the end of January [ not much of a delay]

    I leave you to speculate [ which you are good at ]on whether the following from the Annual Report has anything to do with the modification to the crushing plant "Subsequent to pit optimisation studies and development of preliminary schedules, a proposed increase in the mining rate has been determined to provide superior economics .Amendments to the currently approved EIS is required and is currently underway".

    The report goes on to state "Proposed changes to mining rates will impact current waste dump designs and also includes the creation of a stockpile of low grade ore that would otherwise have been discarded on the waste dumps.

    When the amended EIS submission has been approved and final capital costs are available for the revised mining plans, the Company will be in a position to complete a DFS"

    So there you go. Something to get your teeth into.
    =======================================I believe there will be some very embarrassed journos and others and very happy shareholders when the first production starts and that's another day closer.
    .

 
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