CDU 0.00% 23.5¢ cudeco limited

LOL ! - Page 124 certainly looks like having 2 bob each way...

  1. 46,599 Posts.
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    LOL ! - Page 124 certainly looks like having 2 bob each way -apparently neither diamond drilling or R/C drilling is accurate at this unique ore body - Lets see what tonnages and grades in total were actually mined after the DSO is finished prior to concentrates coming out the back end of plant happening.

    SFR manged to pretty acurately estimate what was in the ground prior to mining compared to what the actually ended up selling. My guess is CDU will drawdown all of the $65m and all proceeds from DSO will go into completing the plant- I am not expecting any significant s/p price spike on the DSO announcements as I believe its largely factored in the S/P already. - It will just be another sell the news opportunity any spike over $2 will be shortlived ( IMO )
 
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