monetising, page-46

Jtaylor - Some truths some false statements and some statements open to interpretation in your post.

Early sales of copper prior to the full production plant being commissioned would in fact be early sales.

SFR timeline from discovery to production was Stella and CDU wished they could have achieved a similar result but 90% of the timeline differnce was attributable to SFR being in Western Australia and Cudeco being in QLD - Red tape with EIS and mining approval was a joke under the Bligh /Beatie Labor Governments- Whether that will improve now under Newman's LNP govt remains to be seen.

The DFS has been promised on numerous time-lines and its still to see the light of day - IMO that is why the S/P is where it is but the unquantifiable has been the companies ability to get the project funded to where it is currently with only 200m shares on issue - If a DFS was produced early in the piece the number of shares on issue may have been considerably higher - guess we will never know.

As has been said many times the proof of the pudding will be if the current high grades can be mined to produce 100k/120k tons of copper per year for 1 year - 2 years - 3 years 4 years ? or more - I guess we will have a better idea towards the end of 2014.

hOOt