CDU 0.00% 23.5¢ cudeco limited

mine expansion, page-4

  1. 3,890 Posts.
    Not to mention it would require all profits to be tipped in for CAPEX bill PLUS additional capital to mine what looks to be a very marginal resource.

    I doubt the economics make sense, hence why no DFS.

    Also, you could kiss goodbye to any dividends under this scenario.

    Truth is, this is not the copper find of tbe century. It is a very good, mid tier cu resource given its high grade core but surrounded by a lot of chaff.

    Would've made for a good 6 year LOM operation. It is fanciful on what is known to think this mine will be profitable after Year 10. There is no evidence to support that proposition.
 
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