why is cdu only $1.66 ?, page-27

  1. 9,381 Posts.
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    hoots,

    " I want to post on CDU because I have a strong interest in the stock and would buy it again if I can get some clarity around the funding and capex issues."

    OK, Thankyou.

    Would NCu and DSO sales, ongoing for at least 12 months and assuming over 500 tonnes copper content/week overcome some of your funding and capex fears?

    That amount is only 26,000T copper, should not be difficult to achieve, given the % and spread of NCu at La Minerale.

    My take is an announcement of NCu (or DSO) sales would lead to a large sustained rise in price, over the $3 level. The current price values the entire company at $360m, no way that factors in income from "early sales".


 
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