I'm positive now we know where we sit with the release of the figures....
I'm also happy I didn't ever buy in even though I thought about it several times but the market cap was too high with no JORC. There are too many companies with large good grade JORC resources which are going for a song atm why buy into the unknown?
On a positive note imo the company will get up and going and run very profitably even with these "disappointing" figures.
I would rather buy 30mt M+I @ 1.24% Cu for 2$
than 30mt M + I @ 2.0% Cu for $5.
Especially when the second figure had the potential to disappoint.
CDU Price at posting:
$2.13 Sentiment: Hold Disclosure: Not Held
