Hi malgmac, CuDeco shareholders have to understand the policy of...

Hi malgmac,

CuDeco shareholders have to understand the policy of CuDeco Management to get the right picture for the future of Rocklands

CuDeco Management is slowly but surely bringing the Rocklands Project to production, with low-cost mining and production regimes, a strict and low cost management structue, and ongoing strategies for both reducing costs and maximising metal output, for the benefit of shareholders.

In effect, CuDeco has adopted a fairly simple strategy. That is, to be a highly-profitable dividend paying company, not necessarily the biggest copper miner in the world.

CuDeco expects it will eventually expand its mining footprint in the Cloncurry Region. However, it will not do so until it has realised a sustainable and on-going dividend policy for the benefit of shareholders. Further, expansion when it comes will be predominantly organic, taking advantage of CuDeco's defined considerable global resource inventory.

So, unless overwhelmingly beneficial to CuDeco and welcomed by the shareholders, the Company does not intend to grow by acquisition for the sake of it. burning shareholders dividends, in the process.

CuDeco Management is working constantly towards an up-graded JORC compliant resource estimate which is currently underway.

cheers,

Max