Having read many reports over many years, the problems with all these types of reports is the lack of consistency with reality. You can put in whatever assumptions you like to come up with whatever answer you want, they just cost millions.
Look at some of the current assumptions from different companies floating around, SIR use $10/lb for nickel, while RXM are using around current price for copper, all just assumptions.
The questions I need answered for CDU are do they have the copper ore?, Is there a lot of it? Can they get to production? Is it cheap to mine, process and transport? I don't need a BFS or DFS to answer yes to those questions.
CDU Price at posting:
$2.15 Sentiment: Buy Disclosure: Held
