more details to come, page-5

janti
The main game ATM from CDU's point of view is not about a
cashflow rather trying to gain some credibility.

The recent ann was the only way CDU could stem the bleeding
and generate some buying if only by the cheer squad.
Commsec have been the most active broker of late so the mums
and dads have added to their SF by getting a hundred or so
at a time, also other HC supporters have entered the stock
due to WE ARE MINING and have assumed that the SP has reached the bottom. There has been no broker support and as
soon as the retail investors are exhausted the buying will
stop and M&G will start selling again.
The ann has done nothing to relieve concerns that have been
swept under the carpet.
CDU stated they have INTEREST in the NCu in reality that
means nothing to the insto's.
WHO is going to buy the product? When? And for how much?
CDU stated that they would NOT stockpile the ore then they
changed that position on more than one occasion and now we
are going to sell it WHY?
Obviously it is not profitable to do so but not a bad stunt
to give confidence to the long suffering loyal SH.

The issue of the JORC gets mentioned regularly for the record the NCu is included in the JORC but in a lesser amount than CDU think. The bulk tests show 4.5% at best.
Until true production starts we will be at the mercy
of others.
GLA
tv105