CDU 0.00% 23.5¢ cudeco limited

cudeco shorting activity, page-279

  1. 2,594 Posts.
    zz
    Dont think so.
    I think its 34% they say and if you add up the tonnage and whether its wet or not it all adds up to about 4%.
    so 120,000 of copper each year the first 3 years.
    After that not sure but they have nearly 100 million tons at 0.9%.(minimum)
    Wont be long (I would think)and we will know how much is stockpiled.
    They have said previously there was 300,000 t there .Some at low percentage (2 to 4%) and some at high percentage (5 to 8%)
    This is before the NC zone at 19 metres so hopefully a good lot there.
    Then the highest percentages are at 50 and 70 metres which they will have stock piled at the front ready for the mill when she kicks into action next year.
    Any delays with the crusher did not have money thrown at it because the mill was always further down the track.
    The mill will be done correctly and properly and as close to their timeframes as practical.
    Will be good to see where they are up to.(November 28th)
 
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