CDU cudeco limited
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Jantimot,So 6m tonnes of NCu ore at the 2 rates of 8-10% and...

  1. ozblue
    9,377 Posts.
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    17/01/14
    07:57
    Post #: 12818494
    Jantimot,

    So 6m tonnes of NCu ore at the 2 rates of 8-10% and 12-15% ore, averaging about 10% equals 600,000 tonnes NCu, or in dollar terms $3.8b.

    For an easy to separate product, not bad. Having 100,000 tonnes already stockpiled, not bad.

    My opinion is that you are clutching at straws to downramp this at this price.
    CDU Price at posting: $1.64 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 18  Upvote
    lightbulb Created with Sketch.  Great analysis
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