CDU 0.00% 23.5¢ cudeco limited

quarterly just arrived, page-20

  1. roh
    4,061 Posts.
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    Now only 143 days to commissioning of the crushing plant

    SSkim,
    My understanding is that Xstrata intend to export magnetite from Ernest Henry as well and their involvement in the Cloncurry multi purpose multi user rail facility gives me the impression it will be a large / long life undertaking they are becoming involved in.

    Wayne seems upbeat about the prospects of the new block and the similiarity of characteristics of part of it to Las Minerale. Much too early to be confident on this one. We will have to wait for the planned drilling program to see whether the speculation is justified. Great to have yet another target though.
    =================================I believe there will be some very embarrassed journos and others and very happy shareholders when the first production starts and that's another day closer.


 
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