CDU
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0.00% 23.5¢ cudeco limited

is this an attempt to get the share price moving?>RXM have...

  1. garndo
    224 Posts.
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    07/03/14
    11:06
    Post #: 13095795
    is this an attempt to get the share price moving?

    >RXM have reported a 180Mt JORC Reserve (@0.52% Cu, 0.13g/t Au)
    > Rule of thumb - mine over 10-15 years to maximise NPV, hence a 15Mtpa plant is not an unreasonable capacity

    CDU have reported an Ore Reserve of - wait for it zero tonnes.

    CDU Price at posting: $1.79 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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