Much of the discussion has been based on the 3 million tonne plant throughput per annum.
Looking not that far down the track,I envisage upgraded plant with a 10 million tonne capacity. The company has advised that there is sufficient water on Rocklands or, if needed, water can be tapped from existing pipeline to meet such increased capacity.
CDU has stated in the past that this would be considered dependent on metal prices.
Should this transpire higher tonnage lower grade would still give excellent returns . There was talk of a blend of high and lower grades.
CDU Price at posting:
$3.43 Sentiment: LT Buy Disclosure: Held
