Is this not a CDU thread GFM ? what does todays copper price have to do with anything if CDU is not selling copper today - ? It wasnt to long ago that W.M said he was happy with the delays to the project and glad he wasnt selling copper at then daily quoted copper price.
Maybe just maybe the CDU S/P is where it is because the market cant value it due to the lack of a decent DFS , financial cash flow projection and not because of the conspiracy theories ? what if in a quantum universe it all turns out to be hot air like the mythical Xmen take over and the market has got it right ??
Fluffy Nymph took his profit and ran at half a bill market cap what about the 100% blowout in the capex cost from $200m - by any benchmark CDU has been a poor investment over the last 5 years - Struggling to get back to the $2.50 SPP is bizarre given where the company now is compared to where it was when those funds were raised - Hell we were even limited to $5k parcels.
Its all very odd but the faithful are just that faithful .lets hope that faith is rewarded at some stage.
hOOt
hOOt
copper price, page-6
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)