The DFS will only be able to use the JORC....30 Mt at 1.2% Cu....expect NPV per share around $2.20 to $2.50 depending on grade in first few years.....
Native copper was always the key to this deposit....and VERY dissapointing how it has been managed....no mention whatsoever yet from CDU. Something is obvioulsy bubbling away but the damage has been done.
Looks like we will be rolling ablout in the sun $3 for a while, and may only realise full value (whatever that really is....???) by mining.
Looks like a just became a LONGER term holder....NOT where I wanted to be after holding since AUM days.
The SAGA continues.
P
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