After the jorc I think from memory the comment from WW was 'market sentiment' was never going to let it go anywhere. He also said the high percentage material was in a maximum 150m length. He made his money and so did Penny. Good luck to them. I dont believe the jorc is anywhere near correct and mining is the only way to know for a fact. If you didnt listen to them then and you do listn to them now you may have picked a loser twice. The material in the ground has not changed.Whether the jorc is correct or WM and others that have been on site for years and have now seen nearly a million t dug and stockpiled are correct we will know shortly. Whats the downside ? 1% copper and increase mining to 5mt. xtrata are mining 1.0 to 1.2% underground for 8mt per year. We can make a profit if they are as we have no debt. Whats the upside ? Plenty I believe everything that has been told to us about the resource is correct. The jorc is wrong and soon we will find out who is now correct and who was always correct.
CDU Price at posting:
$1.75 Sentiment: Hold Disclosure: Held
