CDU 0.00% 23.5¢ cudeco limited

Davdev, As I am only a simple tool, I really need your help....

  1. 1,503 Posts.
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    Davdev,

    As I am only a simple tool, I really need your help.
    Initially, I was unable to work out how you got your grades and volume from the announcement as no volume was mentioned and the company did not split the grades.

    Then I asked myself , how would a non tool approach this issue with the paucity of data.
    OK, first thing a non tool does is look at the pictures, good I can see 5 containers and there are 5 grades, so I will just add the grades and divide by 5 and I get 57.5%. But what to do about volume, easy, I will go back to the million tonne announcement. That was good thinking, they say there is a million tonnes at 3.02% so there must be 30,000 tonnes to ship as DSO, but now I am not sure, it also says Cu of 1.8%, so is it 18kT or 30kT

    Now, maybe I am wrong as a Tool can not really think like a Non Tool, we can only guess at that thought process.

    Could you please educate us as to how you worked out your figures and what they are.

    Holders, including me would really like to understand what DSO sales will be and grade.
 
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