AS brought up, and used by your good self a long time ago as a comparison, here is AOH Little EVa.
DFS to bankable standard by GR Engineering Services Large, simple and well drilled resource Straightforward open pit mining and processing Simple processing route Quality copper-gold concentrate Stable, skilled mining jurisdiction Native title, environmental permits and mining leases all in place The rate of return is 22%, they ticked all your boxes, yet still no blow.
Please explain why CDU is up and running almost, and Eva is flapping in the wind.
I'd like a serious considered answer if you have one, or even several solidly argued conjectures.
...but not the Chinese are dumb argument. Nobody is consistently dumb that has serious money. One dodgy purchase maybe, but nnot to keep adding money.
So why has CDU succeeded by progressing to mining and AOH look like stone cold motherless runners in the last?
CDU Price at posting:
$1.63 Sentiment: None Disclosure: Held