well planned sell off, page-11

maxw, but what is the motive? Why are "they" manipulating the sp downwards? Why have they been doing it for several years with no apparent result? And now, with 40% to 50% in "safe" hands (WM, the Chinese trio and the broker) why are "they" continuing to do so? "They" can't be hoping to gain control now, surely. If CDU is genuinely worth what the Chinese paid for their shares, they won't be selling out at such low prices, and nor will WM.

As you say, "When detailed submissions on the CUDeco matter were submitted, the format of response was as though it had been scripted by non holders, posting on the Hot Copper site."

Perhaps that is because those people see the same problems with your arguments as the none holders? Maybe they have checked out some numbers and concluded that the share price is at its correct level, or thereabouts, for the probable revenue streams.

I find it strange that there is a reluctance on HC to talk about such a critical thing as to what the ACTUAL cash flows will be over the initial ten year period. Revenue numbers are posted with no justification, especially at the current metal prices, but revenue is not cash flow or dividends. There are plenty of indications from various reports as to what the company thinks many of the the costs will approximate to. Overall, there is sufficient detail to come up with reasonable estimates of cash flows, but this seems to be a taboo subject, even though it is the most critical part to determining share value.