Australia's largest stock trading and investment forum Australia's #1 stock forum

CDU

Click for more information

0.00%

23.5¢ cudeco limited

CDU Ann: Change of Director's Interest Notice, page-52

First 52 Last

Share
Profile

Follow
jantimot

30,924 Posts.

174

07/11/14

18:22

Post #: 14254870
Share

Originally posted by shadowboxer1 ↑

Tell you what JT I will let the first slur slide so therefore it must be true. You're tipping the company will go into administration, bugger not 80 cents or 50 cents but a total wipe out. No viable transport options? I've shown what Osbourne's transport costs were in 2011 and can show you Sandfires as well if you like which is the same distance to port but you give nothing and just say its not viable. The only complexity Rocklands have that other copper/gold discoveries/deposits in the district don't is large native copper nuggets, studies were conducted on Osbourne to extract the magnetite, Gunpower wished they installed a cobalt circuit and if you're arguing that it not economical to extract from the ground when the first million tonne cost $10.50 a tonne you would get a shock with Ernest Henrys mining costs for underground to date. Use Sandfires mining costs per pound as a comparison and get back to me.

Expand

Couldn't find SFR's mining costs, but their total C1 is $1.24/lb. For a Cu grade 4.8 times that of CDU, so, where's the relevance?

CDU Price at posting: $1.12 Sentiment: Sell Disclosure: Not Held
1 Upvote

Reply

Top Stories

Making money: How many microcaps should be in an investor's portfolio?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

First 52 Last

Add CDU (ASX) to my watchlist