StephenK,
If you go through lots of past announcements very carefully, you will see that this is not the first time CDU have made an error. As some have stated previously I was harping on about the ore-sorter. In April, the specially selected ore-sorter suddenly became a 'trial ore-sorter', simply because it wasn't up to the job.
Make no mistake, there is copper at Rocklands, yet no real evidence of there being more than claiedin the JORC, that being 19mt at 1.23%. The next 11mt of the resource is 0.68% giving the total for the current processing plant 30mt over 10 years at 1.02% Cu.
There is certainly a jewellery box component, with fantastically high grades, but the company while showing lots of pretty pictures, continually fails to state exactly how much Cu they actually have in the stockpiles, despite doing so at the beginning of mining.
You have to ask yourself WHY? Then add that to your previous comments.
CDU Price at posting:
$1.71 Sentiment: Sell Disclosure: Not Held
