CDU 0.00% 23.5¢ cudeco limited

Buddy,"If there were anything at all which would have had the...

  1. 8,904 Posts.
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    Buddy,

    "If there were anything at all which would have had the smallest of bearing in materially changing the share price, WM, or the Company, would have had to release that information to the market. No IF's and BUT's. They are the rules."

    As I have explained before, all the information is out there in company releases. What is wrong with contracting the new JORC to be complete and handed over to the company on 27/28th Nov?

    P28 from the recent quarterly....

    "Based on an updated resource estimate, which is nearing comppletion"

    What is wrong with it being completed and released at the AGM??

    P23.....
    "Mining at LM stage-1 DSO pit is currently replicating or improving ore grade averages.."
    Those averages were 4% Cu eq.

    P41...
    "To date over 300,000 tonnes of ore has been either stockpiled or insitu blasted - the current mining rate is 40,000 tonnes of ore and waste per day."

    People should read between the lines here. CDU is shortly going to be processing 3%+ grades at 3mT/a or 90,000T/a. At a price of $3/lb and 2204lb/t this is revenue of over $595m/a.
    As it is low cost production, the cashflow will be over $300m, yet even with the full 280m shares (new rights + options) the company is worth only $700m at the $2.50 share price.
    Wake up and smell the opportunity at current prices!!!
 
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Currently unlisted public company.

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