CDU 0.00% 23.5¢ cudeco limited

crusher, page-21

  1. 2,206 Posts.
    DSO product aside the coarse native copper metal will attract a premium at sale.

    The smelters currently use scrap copper metal as a cooling feed for the smelt. There is a shortage of scrap copper metal hence their interest in replacing / suplimenting this with coarse Native Copper metal from Rocklands.

    The fact is the company will have a product (coarse native copper) much sought after in a marketplace with willing buyers (smelters).
    Volumes of course remain to be seen but I've every confidence they will make plenty of money well before the second half of the plant is built from sales of Coarse Native Copper and DSO ore.

    Watch for the details on who any potential new partner is if/when we see an agreement for the remaining 40% off-take.

 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.