No such thing as 'updated ore estimation' as CDU have never...

No such thing as 'updated ore estimation' as CDU have never released an ore reserve to date.

So does the wording intimate that they have had an internal ore reserve estimate that they have not released into the public domain (and I think you can form your own opinion on that) and they are only releasing an update to coincide with the AGM and/or tightening of the reporting requirements as at 1 Dec.

Whatever the reason, it will be interesting to see what CDU declare.

At least with an updated R&R statement, it should be simpler to generate at least a decent trading multiple for the company, and remove some of the smoke and mirrors