CDU 0.00% 23.5¢ cudeco limited

Ann: Full Year Statutory Accounts, page-32

  1. 30,924 Posts.
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    roh, you don't know DAO sales are coming. That's pure speculation on your part. You are happy to preach against speculation when it suits you, so why do it yourself?

    20t has been shipped, of five different grades. If that was pure copper itwould be worth only AUD190,000 at Cudeco's shonky Shanghai prices, but it probably only averages 25% if you're lucky so worth less than $35k in real terms - I doubt CDU will see one cent from these trials after various smelters have spent their time and money testing the stuff.

    DOS sales a long way off still IMO - the plant will be commissioned this year anyway, no? So why talk about DOS at all? Unless, of course, plant commissioning timetable has failed again.
 
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