Conix, The last paragraph of page 2 of announcement of 1st March gave me a different impression, not that time really matters to get the best outcome. As a high proportion of copper mineral recovered will be in the form of almost pure native copper and as Wayne is ever mindful to value adding in terms of manufacture of copper wiring and tubing,the potential for greater returns exist than just selling raw material.In the meantime, copper prices are again firming. Whilst there have been no apparent signs of any Xstrata interest, they will be keeping a close eye on what is transpiring in their backyard. CDU is a standout target when looking at the likes of neighbours GBZ, QMN or EXS. A reliable but unconnected experienced mining source to CDU recently visited Cloncurry and was most impressed with the CDU setup. Whilst, I think the metallurgical test work results are some time away, further results from Wilgar[ our mutual great interEst] are eagerly awaited.
CDU Price at posting:
$3.21 Sentiment: LT Buy Disclosure: Held
