Ann: Cudeco regains 100% control of Multi User Ra, page-23

re: Ann: Cudeco regains 100% control of Multi... Xstrata bailed form the J/V because they cant make a profit on the magnetite and they obviously dont see that improving in the years to come or I expect they would have done a 50/50 J/V with CDU - $10m or $15m is chump change for them .

All this kite flying CDU will make gazillions out of magnetite just because they have now done a separate resource number for it as well as using it in their Cu /Eq numbers is fanciful ( IMO )

Then we have the cobalt which makes up 30% of the Cu/ Eq number - yet another product the Xmen cant commercialize - I reckon we should all just worry about the copper and the gold for the time being - oh yes and of course the NCU sales due to start in 2 days time according to the AGM attendees.