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23.5¢ cudeco limited

Total Copper Resource, page-4

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shadowboxer1

2,755 Posts.

13/09/14

18:09

Post #: 13970460
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Originally posted by shadowboxer1 ↑

End of June 866 065 tonne @ 1.45% Cu

Up to the 14 th of May, we had sent 22.5% more ore to the stockpile than anticipated by the mining model, yet maintaining the same grades, indicating net gains of ore rather than losses.

If this was still true 6 weeks later up to the end of June means of that 866 065 tonne, 194 864 tonne was meant to be waste and in fact contains an extra 2825 tonne of copper valued at $20 million. JORC is already out by close to 1% with only about 2.2% of the JORC resource mined to date and grade hasnt be reconciled yet

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I feel confident enough they will be around for the next 10 years that I would quit my current job if the money was good and they gave me DIDO or FIFO out of Townsville to work for them

CDU Price at posting: $1.67 Sentiment: Buy Disclosure: Held
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