CDU 0.00% 23.5¢ cudeco limited

bitter pill, page-2

  1. 2,088 Posts.
    I don't understand how you could be excited over this announcement:

    2006 resource was 59mt, everyone expected an upgrade but it was downgraded to 30mt and we all know what happened to the SP.

    CDU are now reporting in pounds and not tonnes - why is this??

    August 2010 report was copper (M,I & I) 310Kt at the 0.8% cut-off.

    May 2011 report is (M,I & I) of 646Mlb and when converted from pounds to tonnes is 293Kt at the 0.8% cut-off.

    Is this really an upgrade??
 
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