"The market is a strange beast - AOH and CDU both have mining licences and 1.5mt of in ground copper - AOH market cap $120m with a working profitable mine in Finland and CDU is $700m with $250m spent towards their mine that starts production next year."
Hoot yes the markets are a strange beast but I think its all about location
CDUs is imo in a better area as the mines in the area are running short of copper ore
Regardless of what the big companies are doing long term we are running out of cheap readily exploitable copper and so it makes sense for the majors with these mines to look for ready to go feeder ore
QMN Price at posting:
4.1¢ Sentiment: Buy Disclosure: Held
