CDU 0.00% 23.5¢ cudeco limited

the call from wayne, page-85

  1. 2,206 Posts.
    Hi PJ,

    If you refer to the company annoucement on the 8th Sept I think the penny drop clues are there.

    "Global Presentation for Interested Parties in Connection with the Rocklands Group Copper Project.
    The Company expects to complete its formal active global presentation on the Rocklands Project shortly and will be released onto the Company's website within the next month."

    "CuDeco has appointed Azure Capital Ltd as corporate advisor to assist with the securing of the funding for the capital expenditure requirements relating to the construction of the 3mtpa copper/gold/concentrator plant and auxiliary facilities for the Rocklands Group Copper Project near Cloncurry NW Queensland. A number of companies are awaiting the geological and metallurgical data which is due to be compiled by the end of this week. It is expected that Azure will commence negotiations on behalf of CuDeco with the interested parties within the next week."

    I'm assuming the global presentation contains the same geological and metallurgical data interested parties are going to be reviewing.
    As Whalewatcher mentioned recently if this data shows cross-sections that allow us to better understand the shape and size of the ore body, and different zones then maybe we'll get some idea as to how accurately a measured jorc grade does/doesn't fit into this.
    That would be the penny drop imo!
 
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