In some areas there certainly is a lot more copper than the JORC states, I've seen it with my own eyes, however I do agree that there must be less that the company wants the market to believe, as we otherwise would have had some firm announcements about the amount of NCu.
Steinert being a professional outfit, would be able to make a 200t/hr unit work if the test ore-sorter worked at 15-30t/hr. The ore size going through it is the same 40mm-110mm. My take is that it had to be paid for before it was loaded on ship in Germany, and this took longer than most expected. Plus the shipping took quite a few weeks.
We have heard nothing official from the company about it arriving yet, just the phone conversation someone had with the lady at CDU. Remember the line was a repeat of what shareholders were told last year by phone.
CDU Price at posting:
$1.41 Sentiment: Buy Disclosure: Held