CDU has evolved amongst us all over the past three years looking just so good that we have all been happy to "downsize" the input for our assumption calcs.
This has applied to our assumed concentrate throughputs,and the metal price assumptions [$US2 per pound for copper being little more than half the actual price atm.]
If we now take the "market" prices as fact in our assumed calcs and apply price to earnings multiples that are common in the market place around us, we will derive share values for CDU that the major buyers such as the Chinese have been looking at for some time. And if we look hard at the charts , an upside price of $15 to $20 per share for CDU within the next year or so seems enticingly obvious. Conix
CDU Price at posting:
$4.86 Sentiment: Buy Disclosure: Held
