re: should have listened to myself i uped my order back up to...

re: should have listened to myself i uped my order back up to 20.5 on the options yesturday

got filled today, and see that there was good volume around 18.5/19

my broker had online probs so couldnt change order be4 it was filled.

bugger.

should have listened to my gut instinct like i did for my PNA and COE buys.

oh well

Compay Name CODE Shares Price MC Cash Debt
Cudeco Ltd CDU 63 $3.10 195 mill 9 mill 0
CDUO 30 $2.80 84 mill
roughly 280 mill

Inferred resource 25 million tonnes @1.6% Cu 400,000 tonnes of Cu = 4.1 billion bucks
Targeting 100 million tonnes
RC drilling soon

50 million = 8 billion worth $8 roughly
100 million = 16 billion worth $16 roughly







Compay Name CODE Shares Price MC Cash Debt
Conquest CQT 141 $0.37 52 mill 1.5 mill 0
CQTO 75 $0.20 15 mill
roughly 67 mill


Mt Carlton Project
5.675M tonnes 1.69g/t Au 308,700 Ozs Au
73.4 g/t Ag 13M Ozs Ag 825M worth so far
0.434% Cu 24,800 tonnes 100% = 4.1 billion bucks worth

9000 Meteres of RC already drilled
10000 Metres of more to come
2 RC and 1 Diamond drill rig coming
Starting September Quarter
Only 20% drilled


some nub comparison btw CDU and CQT

looks better on excel.

by my rough calculations, CQT and CDU priced comparatively.
CDU approx 4times the insitu value, MC priced 4x too.