hang on lol...$2 dividends aren't sustainable, page-30

Scan...TU for stepping up to the plate.

I have taken the liberty of using your calculation theory and converting it to todays price of copper per tonne in AU dollars..This is $8,200 per tonne and I end up with

$1.22 ps. IMO (like 5hare) a PE of 5 would be realistic and I get $6.10. One would be forgiven if they thought CDU was not appropriately priced now at $3 to $3.50 being a developer and burner of cash...perhaps this is why it is ranging in this area currently..Just a thought..