CDU 0.00% 23.5¢ cudeco limited

re: Ann: Drill blast holes expand native copp... CDU is giving...

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  1. 7,675 Posts.
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    re: Ann: Drill blast holes expand native copp... CDU is giving us another peek up her skirt :)

    A significant upgrading of the ore margin previously graded at sub 1% now likely 2-3% (I know that the tonnage is not huge but...it appears to be indicating a recovery issue)

    They continue to state that total sample recovery has been difficult to achieve in certain parts of the resource under certain ground conditions. Current drilling conditions appear to be providing a 'truer' picture of actual grade and composition.

    One has to wonder how widespread these recovery issues extend.
    Drilling voids would have always been treated harshly by the Code given the nuggetty nature of NativeCu and rightly so imo
    So the resource is throwing up some pleasant surprises
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