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re: Ann: Diamond drill confirm high grade cop... I agree Dnvan -...

  1. h00ts
    46,605 Posts.
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    12/02/13
    15:11
    Post #: 11410548
    re: Ann: Diamond drill confirm high grade cop... I agree Dnvan - CDU open pit will be very profitable for the first 4 or 5 years - then the economics need to be looked at for the next 25 years

    A 10mt p/a plant for open pit for the shallow low grade ore and a decline or underground options for the deeper higher grades are all things to be considered in a future DFS.

    The only reason I mentioned it is because the dewatering results and todays announcement look to beyond the confines of an open pit operation to my limited knowledge of such things

    cheers Hoot
    CDU Price at posting: $4.00 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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