JRVossie,
"This ain't no turd that someone is trying to polish. It's real man..."
Are you sure about that?
I ran through some numbers about this deal that appear to leave CDU with low grade chalcopyrite if more than just a couple of million high grade ore went east (to EHM).
The market yesterday, and probably today will be asking to be shown the money. We had a 2 day trading halt just to say that Glencore is going to toll treat a test 20,000 tonne batch of ore.
Why? Why was a trading halt needed for that? No dates, no dollars, no percentages, so why a TH?
I don't see any (or much) money in the short term from the announced trial, perhaps a permanent deal and lots would have helped. Today could be watch out below!!
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