"because we actually don't know why the market is responding the way it is, we can guess or put up theories..but we actually don't know"
Dossa as you say a known fact is 30mt at 1.7% cu eq - resource statement - another known fact is that is a resource estimate not an ore reserve under the JORC code.
Other know facts that are not conjecture are - No DFS - No Detailed Capex costing released to market - No quantified number of shares to be on issue prior to mine operation to base a guesstimate for dividend.
The point of my post is the market appears to be pricing in the above know facts and not the conjecture the JORC understates the resource or the conjecture CDU is either current fully funded or will be fully funded prior to mining.
The other know fact that isn't conjecture is the share price has fallen from just under $5 a few months ago to a low of $3.31 last week -
hOOt
CDU Price at posting:
$3.52 Sentiment: None Disclosure: Not Held
