Ann: Rocklands Feasibility Study, page-2

ROCKLANDS FEASIBILITY STUDY

Cloncurry mining company CuDeco Limited (ASX:CDU) is pleased to release the Rocklands Feasibility Study for its 100% owned Rocklands Group Copper Project.

The Rocklands Feasibility Study considers the Stage-1, 10-year mine plan, which is part of a multi-stage development plan for the project. Highlights of the Stage-1, 10-year mine plan:
 Project revenue: $1,930 million  Operating costs: $1,299 million (includes mining, processing, transport, general and administration, treatment and refining charges, sales costs and royalties)
 Net free cash-flow from operations: $631 million
 Remaining capex spend: $64 million
 NPV8% (after tax, and after remaining capex): $405 million