CDU 0.00% 23.5¢ cudeco limited

cudeco discounted, page-45

  1. 30,924 Posts.
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    sb, I can't make the first year's revenue that big. With a head grade of 2.5% fed into the plant I get revenue of $255m copper from concentrate, plus the value of all the NCu recovered, $24m Co, and $23m gold. But revenue isn't profit.

    However, the company have stated that the commissioning period will be eight months - so if the plant is finished in July, it won't be fully running until March 2015. So the first full twelve months will end February 2016.
 
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