CDU 0.00% 23.5¢ cudeco limited

The concentrate is above 25% means 75% is minimal/no value. If a...

  1. 266 Posts.
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    The concentrate is above 25% means 75% is minimal/no value. If a Container can take 20T or NCU. Then there was 20 Containers of NCU sent out.

    If we load the Concentrate at 25% Copper, 75% is minimal/no Value. so a 20T container, is 25% Copper (5 T)

    We are assuming that this is volume based, then there would have been 500 more containers going out.

    I am not going to speculate how much above 25% is in the concentrate.

    We are in a holding pattern, there is only enough information for speculation, but it provides for interesting discussion.

    Don't rely on the above as investment advice, ring the company read the announcements, Do your own research.
    Last edited by pagedown: spelling 31/08/16
 
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