It is difficult to form a measured opinion on CDU due to the lack of disclosure - particularly when running the numbers on CDU versus the ASX copper peer group.
The lack of conventional disclosure (JORC Reserves and Resources, PFS, BFS, construction progress regards budget/timeline etc) makes it challenging!
This is their choice, however it also makes the company hard to hold to account (as one cannot say whether they have gone over budget/time on construction - as there is no publicly released budget/timeline)etc.
Ditto for other aspects - as always caveat emptor (buyer beware)particularly in this case.
I haven't invested in CDU because the information I require to enable me to make an informed investment decision has not been released by the management. Nor do i place any value on the posts of the 'CDU rampers'
I look forward to the release of the quarterly so I can try to work out what is going on!
CDU Price at posting:
$1.77 Sentiment: None Disclosure: Not Held
