CDU 0.00% 23.5¢ cudeco limited

high grade zone, page-18

  1. 3,707 Posts.
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    Another difference between CDU and SFR is that SFR made their degrussa discovery in 2009, drilled it out, did some feasibility studies, went into production and shipped their first copper concentrate in Dec 2012. They now run a profitable and transparent operation.

    CDU made their rocklands discovery in 2006 and despite over 300,000m of drilling haven't got any reserves. They haven't done any feasibility studies, and no concentrate or DSO has been shipped.

    Imo until CDU gets some runs on the board the difference in market cap between the two is more than justified .
 
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Currently unlisted public company.

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