CDU 0.00% 23.5¢ cudeco limited

bulk test results a massive 140% above jorc %, page-2

  1. 419 Posts.
    Yes Hooter!

    And.... on Page 13, last paragraph:

    "Sulphur Co-product From Cobalt/Pyrite Concentrate
    The pyrite concentrate (cobaltic-pyrite), represents a valuable commodity for CuDeco because of two valuable contained components; cobalt and sulphur.
    The off-take agreement recently announced to the market (ASX announcement, 27th April 2011), includes payment for both cobalt, for extraction and processing into saleable cobalt metal or chemical product, and sulphur, for processing via roasting and production of sulphuric acid.
    The "sulphur credit" is factored into the current 'cobalt price' used by the Company for calculation of copper equivalent values."...


    Cheers,
    BC
 
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