CDU 0.00% 23.5¢ cudeco limited

cdu's mined copper reserves, page-16

  1. 15,745 Posts.
    Waranaphil,

    LOL, you say they don't have the time to worry about what percentages are coming out. Really??

    They know the grades already. There is NO additional effort needed. Page 8 of the last report says " 22.5% more ore reaching the stockpiles than anticipated by the mining model,yet maintaining the SAME GRADES."

    Clearly, to be able to report that the SAME GRADES as indicated by the model are maintained, they need to know what the grade is. How else could they report such a clear statement.

    What is missing is that they don't tell the mine owners what that maintained grade actually is.

    Is it 1%? Is it 1.1%? Is it 1.2%? CDU know as they say its as per the mine model so far.

    So trying to tell all here that they don't have time to work it out is pure nonsense I am afraid.
 
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