CDU 0.00% 23.5¢ cudeco limited

not too shabby eh!, page-59

  1. 46,726 Posts.
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    "Hi Aka,

    Whats this "Potential By-product NPV (Co & Magnetite) A$50-80M" ? Have they (EXS) actually done the metallurgy and defined recoveries?"

    In Reply to Charlie 123 ! I do not hold EXS never have . I believe Noelyn is an expert on that particular stock.

    I simply drew attention to its Cloncurry Copper Project ( I believe they also have a gold mine ) because one of their options is to sell ore to the Xmen for feed at Ernest Henry.

    The fact they are at a similar stage with their EIS ( I think they are about 6 months ahead of CDU ) and that they have a similar tonnage in measured and inferred but with slightly lower grade ( JORC code not pilot test grade ) and the fact that they also are going for a DFS for a 10 year 3mt p.a plant makes them the closest direct comparo to CDU IMO.

    Cheers Hoot
 
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