In my opinion you have SFR out with a DFS and a mining license.
CDU, although still not far away from the above, represent a risk to conservative investors. Some insto's will not come on board while the DFS and mining license are missing.
I suppose it gives room to playing the man and not the stock, a bit like the media has done in the past.
Once the mining license is granted, and we see a robust DFS, it will be harder for the market to ignore the stock.
I'll be very surprised if when the above gets ticked off you'll be able to accumulate CDU at these levels.
It's a risk/reward equation. Some prefer to wait.
Personally, I believe the market has no idea how robust the DFS can be. Our infrastructure and cost of mining as well as delivery of concentrate to market are being way undervalued.
For investors like me, it's a buying opportunity.
Cheers
mm
CDU Price at posting:
$3.25 Sentiment: Buy Disclosure: Held
