CDU 0.00% 23.5¢ cudeco limited

The issue is the JORC and not having DSO contained within it...

  1. 2,206 Posts.
    The issue is the JORC and not having DSO contained within it imo.

    If they announce tonnage estimates the ASX will hit them with the JORC stick.
    Sort of dammed if you do, dammed if you don't atm.
    They are clearly telling us ore being mined is up to 10 times that expected when using jorc model.
    I'll back them on the evidence presented from mining. according to the JORC the DSO ore doesn't exist! However the images from initial mining proves that entirely incorrect.

    All goes back to the nature of the Rocklands deposit and the inability of the JORC resource to fairly assess the NCu component..it simply doesn't.

    Guess we will need to wait for DSO production numbers when the first shipments go across to the Chinese smelters.
 
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