independent analysis, page-4

Grar,
This lack of communication is highlighted by the points I raised in a previous post, now burried under a mountain of BS from both sides.

"What they stated in the quarterly was...
"LM1 Pit - expected to re-commence accessing ore from RL167.5 level once crushing reduces DSO stockpile sizes on the ROM (expected in ~2 weeks)"
and...
"High-grade DSO ore on the ROM has reached capacity, and crushing has commenced to make room for additional DSO ore to be trucked straight from the LM1 pit when it recommences in ~2 weeks."
and....
"Coarse native copper ore continued to be stockpiled on the ROM during the quarter, in addition to the longterm stockpiles ready for crushing as soon as the current upgrades are complete."
What is anyone left to think when the latest quarterly has such inconsistencies in it.
The crusher was either being upgraded or it was crushing, it can't be both!! How on earth can management be believed on anything, if they tell us different things in the same (June 2014) quarterly related to the same peice of equipment???

Those three statements in the one anouncement should get a please explain from the regulator at least, yet we all know how useless they are. So companies can get away with publishing whatever rubbish they like.
Independent analysis is simply impossible without real information, and since it appears the company itself doesn't know what's going on, how could an outsider??

The crusher crushing the ROM ore, should be a momentus occasion with the appropriate announcement and pictures. It is now 3 weeks since the quarterly, and nothing. So the "crushing has commenced" statement is probably wrong, and the "expected in 2 weeks" now late, which leaves  "stockpiles ready for crushing as soon as the current upgrades are complete" and the ubiquitos word "SOON" in play again.

Any independent analysis of Cudeco must come to the conclusion that they have no idea how long things take to come online, as everything is late and has been for years. They seem incapable of getting any timelines correct based on past history, so all future announced dates should be treated with scepticism at best!!