I see it totally differently to you tv105. I am a supporter and you appear to be a trader/down ramper which is fine.
You also know that WM is in China ( refer http://www.miningadvocate.com.au/current-issue....The feature is on pages # 29-36 and can be read here) and one reason I understand is to stitch up sales contracts for our native copper that I understand commands a premium and that we can supply now. You also know Australian Funds cannot buy into CDU until we generate income and as per my above statement once the contract/s are in place and we start generating income I expect the Funds to finally come clambering onboard. …imho
I do agree with you that the dividends wont be seen I feel until next year most likely post full start up. I could be wrong though as should our native copper sales cover rail and ship loading costs there just might be some left over for you know who….the holders. Lets say that does not happen…once the mine is fully operational and you accept Hoot's recent Project Summary document, a $1.00 dividend is very achievable…that dividend will have a profound impact on our SP and even you would have to agree with that statement.
CDU Price at posting:
$2.27 Sentiment: Buy Disclosure: Held
