CDU 0.00% 23.5¢ cudeco limited

cdu likelyup soon in senate inquiry into asic, page-127

  1. 15,745 Posts.
    Gungho,

    Nonsense.

    CDU is a mining company that says it is very organised.

    Its placing ore into something like a dozen individual stockpiles based on type of ore and grade. How is it doing that if it doesn't know the grade?

    How will CDU know what the recovery rate of processing is if it doesn't know the grade going into the plant?

    If you say they don't know the grade of the stockpiles, you are in effect saying that they are incompetent as modern miners.

    Of course they know the grade.

    They just haven't told the owners of the mine yet over the last 12 months.
 
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