Scorp
For your consideration I have attached a link showing the Panguna resource, for comparison.
The Panguna deposit has a resource of over 1 billion tonnes at 0.33% Cu and 0.37 Grams per tonne Au. A nice big porphyry system with a homogeneous ore body amenable to bulk mining methods.
That is a nice big low grade deposit. CDU have as far as global resources are concerned, a heterogeneous, narrow, complicated deposit and at low grades.
To simply continuously state CDU have 1 million tonnes in the ground is false advertising IMO as it has not been proven feasible to extract the low grade component.
There are a number of companies with similar deposits and are all priced accordingly by the market.
ScorpFor your consideration I have attached a link showing the...
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