CDU 0.00% 23.5¢ cudeco limited

re: Ann: Massive/Semi Massive sulphides conti... Not sure, as it...

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    re: Ann: Massive/Semi Massive sulphides conti...
    Not sure, as it will depend on where surface infrastructure has been sited (waste dumps, plant, power etc), as the deeper you go - the wider your pit will become.

    Pg3 (release dated 9th August)would seem to indicate that CDU is fairly space constrained (i.e. cannot push back the pit limits any further) by the lease boundaries (deeper pit = more waste and larger dumps).

    However, the pit will go out of ratio (where it is more economic to mine from UG due to an ever increasing strip ratio)

    I expect you will see what is happening at Prominent Hill - but a faster transition to an UG mine, but risk is then you have a hungry mill (oversized. Again judging by the limited data, the orebody appears to be vertical system of narrow high grade structurally controlled lodes - good grade but limited tonnage (tonnes per vertical metre will be low).

    Drilling data is distracting from the main game - moving ahead with the DSO sales and also the construction completion and commissioning.

 
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