CDU 0.00% 23.5¢ cudeco limited

Ann: High grade copper at Rocklands South , page-7

  1. 2,144 Posts.
    If the grades are high enough and the copper price is right they could do a decline from the start as an independent operation. It's all in the financial calculation. We still don't know Wilgar at depth.

    I don't believe that labour will be in the federal government for long and with liberal both in state and federal a lot of the feral types will be swept out of government departments once that happens.

    These people are experts in stopping progress.

    We actually know very little about what is at depth at Rocklands.

    The people keeping the stock around the low fours I think have a very good idea of what is there. The recent drilling is to a certain extent the result of a dewatering drilling situation.

    I think that XStrata's 3D model would be a pretty accurate view of what is there and the Chinese get to see WM's 3D model. We get to see the JORC model which is about as good as a bit of toilet paper, except for what it costs.

 
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