Hi Charlie, I wasn't aware that CDU had released a Reserve...

Hi Charlie, I wasn't aware that CDU had released a Reserve statement - have they?

A Reserve statement requires a mining study and I can't remember seeing so much as a scoping study either.

If you look at the JORC code it states "An Ore Reserve is the economically mineable part of a Measured and/or Indicated Mineral Resource."

If I have missed the announcements regarding the Reserves and Mining studies please let me know where I can find them.

PS I have never seen EXS mention NCu so don't believe that is included in either the reserve or metallurgical calculations.

Uranium has been mentioned so it is possible that will have an impact on the quality of concentrate produced.