quarterly report out, page-29

Baraka,

If they crush and stack the ore, it can start leaching and delivering copper in solution to the SX-EW plant within about 1-2 weeks. In fact, they need to be continually stacking fresh ore to make up for the stuff that's being leached out by the acid.

One thing you need to consider going forward, which is of some considerable benefit to CUO, is that petrol prices are down (a possible benefitfor any miner, esp. if CUO has any diesel power on site, not sure?) and secondly, acid prices are easing off substantially - by 50% - which reduces a key input cost, and hence, we should be expecting the cash cost of Cu to go down somewhat in the next quarter.

The problem CUO will have is that they didn't hedge their book when Cu was $4 a pound US at US$2.50 or so like others did. Or at least get some put options for copper. That would have been a wise move - and the lack of such wise moves on CUO's behalf can really explain why it's languishing at 10c and not the "1.50" which Brian Rear blusteringly spouted at a conference 4 months back.

You wish, Brian.