CDU 0.00% 23.5¢ cudeco limited

Post-AGM views, page-50

  1. GFM
    1,204 Posts.
    On the way to the mine site inspection we passed the local treatment plant, most of what I have read here over the last few days would have been right at home there.

    We all had to sign the register
    The AGM was over in a matter of 20 minutes.
    There was approx 57 shareholders there plus one copter, helli or otherwise.
    No person was asked for their HC nik.
    nobody was told not to post on HC.
    No information was given that was price sensitive or confidential.
    there was no AGM presentation. The only thing shown was a Sino Steel animation of the plant layout.
    The processing plant tour was exceptional, in that the progress made since last year was amazing. They are finishing off all the piping, some of which is huge. The Alljig building is big.
    The crusher was working a treat, producing lots of native copper +40mm, awaiting the 200t/hour ore sorter.
    All the information about the Tailings storage dam, lining ripping watering etc was given by the contractor building the storage facility whilst we stood at the top of the dam wall, impressive dam, dam good job, finishing this week. He thinks the place is so good he is taking stock as part payment.
    The pit inspection was done from the top of the LM2 pit wall, looking down into the 50m approx deep hole, from where we were you could hardly make out the drivers in the trucks. We did not go down into the pit.

    It was hot but not as hot as last year, the drinks at hotel were cold and the food & company good. Those who have a vested interest in the plant generally seemed to be happy and impressed with the plant.

    Boy, there sure has been a lot of hyper ventilating going on with such vivid imaginations being used to construct whatever information people didn't know. Really interesting to watch, now I know how chinese whispers works,
    Good luck to the long term holders, I believe it will be worth it, no advice intended.

    cheers

    cj
 
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