CDU 0.00% 23.5¢ cudeco limited

mine expansion

  1. 8,884 Posts.
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    There seems to be lots of talk about what happens after the first couple of years when the high grade ore is mined and processed. The company has already stated that they are looking at a 6-15MT/A plant.

    As a reference, RXM are claiming to be able to build a 15MT/A plant for $850m.

    When the Cudeco starts bringing in $300m+ in cashflow over the first few years of processing, I dont see any problem with an expansion from years 4-6. We already have a large resource of lower grade Cu/Co ad further drilling in both existing and the new tenements is likely to grow the resource substantially.

    Comments?
 
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