I'm no longer holding CDU stock, but I seem to recall the MOU with Sinosteel would have the plant up by years-end (11) and with EIS check-list now completed, submitted and public submissions due to close 28FEB11, WM is confident of obtaining a ML sooner rather than later. I reckon they'll be producing sooner than 3-5yr's. Nonetheless, we've got the good's, we just need an announcement re a JV partner and we're off! Like your submission (estimate) pheonix.
QMN Price at posting:
13.0¢ Sentiment: LT Buy Disclosure: Held