Hi jantimot,
I hope the odds are not that long for all CDU shareholders' sakes.
Although, it will need the copper price to rise and the Global Markets to hold firm.
It will also need the 400k tonnes of high grade native copper stockpile to come out higher than the Feasibility study grading.
The Announcement did indicate that grades could be higher when ore is processed through the Rocklands plant.
cheers,
Max
Ann: Updated Timetable for Rights Issue-CDU.AX, page-51
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