Very very significant news today.
Notice the increased estimate of NCu ore. Now 25% of all the ore to be processed through the plant during first 10 years.
25% of the initial 30Mt is 7.5MT of NCu ore. If they run to the bulk sample average of 4% then I'll be very very happy!
Sit tight long term holders its dig, crush and DSO shipping at 20% cu for us now. Soon to be followed by the Native Copper DSO (70-90% Cu).
DSO sales should be FOB at port of Townsville?
Time frame for shipping could be within 4 weeks, judging by the massive stockpiles ready to be crushed. "Time reveals everything", and I'm happy to wait patiently. If I'm out by a few weeks then no worries. Gives me more time to continue buying.
In the meantime I reckon they have significant tonnages judging by the photo of the ore stockpiles. Dump truck looks ant size as the rich olive green ore is stockpiled.
Hats off to Cudeco. Cash flows not far away now!
Very very significant news today. Notice the increased estimate...
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