SB, I feel it may not be long before we find out what those...

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gjcl

4,289 Posts.

24/09/14

11:42

Post #: 14020163
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Originally posted by shadowboxer1 ↑

In the photos of the DSO to be shipped we could see a minimum of 5 containers @ 25 tonne a piece grading 85 to 95% Cu of +40mm. I'm thinking of how many tonnes at what grade had to crushed to achieve this. When the company did the bulk test only 7.25% was above this size so if you do the math on what you think the grade was you start to come up with very high tonnage and a lot of product that falls outside of that +40mm. Well worth while revisiting the report of the bulk testing IMO.

"The native copper sample consisted of large diameter PQ (83mm), diamond drill core from 32 holes; a total of 2370m from across the native copper zone. The material was crushed and put through the HPGR, with Page 9 Fig 19: Removal of magnetite via Magnetic Separatorsome of this material kept in reserve for additional work. The head samples contained a total of 3% Cu (2.33% Cu as native copper and 0.67% Cu as sulphide copper). The cobalt content was 660ppm. However as found with the previous bulk sample test of the native Cu ore, representative sampling of nuggety deposits on a large scale is extremely difficult and a higher final grade is expected"

http://www.cudeco.com.au/pdf/20110603 Bulk Testwork confirms Process Selection.pdf

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SB, I feel it may not be long before we find out what those varying DSO grades will deliver the company/shareholders.
The market here is down approx 40 points…we have had no news…..the boys pushed us right down to $1.625!! this morning yet CDU is back in the green currently!!!!….been a while since 100k were traded in just 1 1/2 hrs…….I know that is not a lot but it is for recent CDU trading.
So what does "the market" know?….factoring in time??
My guess is WM is in China and headway is close to being made with $$$/ton negotiations for the varying grades in each of the 25tonne shipping containers sent over there …x Rocklands around 8th Sept.

CDU Price at posting: $1.65 Sentiment: Buy Disclosure: Held
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SB, I feel it may not be long before we find out what those...

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