good luck with cdu people I live 60 miles from it have all my life.
wouldn`t touch it if it was the last stock on the asx.
to have a good mine prospect you need sulphide ore as it is viable to crush and treat costwise.
oxide ore isnt too bad just cost a bit more to to treat.
now native copper which is in abundance at cdu site is a very cost intensive process. I have rode bikes over this ground when i was a kid and one can pick up native copper just by hand.
check some of the drilling,
when an area is drilled over a wide are and the results are collated together to give an average copper grade it makes results look fantastic.
should a company actually seperate the resuts and volumes for sulphide and or oxide ore from native copper results then the grade of good actual ore is drastically reduced
good luck people you will need it
I know the true beleivers and long term holders will be a bit upset with what i have said but facts are facts.
I don`t hold the stock, did a long time ago and made some good money but would i touch it now NO.
ok rampers come in and sayni am only writting to try get price down to buy some cheaper, what a laugh and how usual.
I dont owe cdu anything and cdu dont owe me anything just providing info as a person very familar with mining processes and the cloncurry are.
take it or leave it. dont matter to me
CDU Price at posting:
$3.39 Sentiment: Sell Disclosure: Not Held