Just like WM said on Cudeco website yesterday, I can only agree that the 30MT@Cu(Eq)1.24% JORC report is for EIS purpose only. Time is tight for the mining lease application.
JORC report did cast big shadow on the current share price, but I still believe Cudeco will have a bright future after mining.
Chinese businessman is more interested in REAL copper resource other than the JORC report. Actually, there is no JORC report in chinese mining industry.
Cheers,
Weihua
CDU Price at posting:
$2.13 Sentiment: Hold Disclosure: Held
