CDU 0.00% 23.5¢ cudeco limited

bhp remains optimistic on copper outlook, page-2

  1. roh
    4,061 Posts.
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    Now only 81 days to commissioning of the crushing plant.

    conix,
    I have been keeping an eye on the copper price and it is holding above the US $8000 a tonne level and has not had the falls experienced in the iron ore and coal sectors.

    Prices move up and down as does the Australian dollar and it would be presumptuous and foolish on my part to predict what the copper price will be when CDU starts producing.

    From a personal view point and fair enough if others disagree, I prefer to be in a company like CDU producing copper and other minerals than to be in a one product producer in either iron ore or coal.

    The attractiveness of BHP and RIO to me is in their diversificiation.

    It would be pleasing for us shareholders to see the ban on Uranium mining lifted giving CDU another product to market.
    ==================================I believe there will be some very embarrassed journos and others and very happy shareholders when the first production starts annd that's another day closer.
 
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