Cheers FS, though both of the "find to market" timelines should be put in context with " any shortfall in market expectation is amplified by up-ramping" and those charts. SFR had a significantly compressed lifecycle to this point in comparison to CDU and is now 18-24mts ahead. However, and unless there is a resource upgrade the SP will only plateau and begin to decline in respect to CDU within 3-4 years on current JORCs.
And yes longterm this hold true "Down-ramping, I don' see as the force it is given credit for on the cdu forum, simply because if the underlying company has the goods and can exploit them effectively, downramping will only help the SP spring higher as the 'true' story unfolds. plenty of fingers burned in the 'indecisive' middle stages, but this is both ways, imo." As CDU is in its immediate pre-production lifecycle stage, pressure(s) can still put to bear fruit(s). Once production starts then SP volatility is then at the mercy of other factors, such as LME and of course any further exploration/resource up-grades.
Seems we are on the same page then? Apart from "thumbs" I haven't found them much use for anything, well anything tangible.apart from highlighting good jokes on the humor thread.
I find it interesting how some folk can spend significant time researching and posting particular issues on forums, yet deflect discussion or omit to address some questions in full. Then again maybe some of us may think we already know the answers and pose questions as literary positions?
CDU Price at posting:
$4.43 Sentiment: Hold Disclosure: Held
