CDU 0.00% 23.5¢ cudeco limited

hoots"how can anyone say for certain that the mine will continue...

  1. 1,256 Posts.
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    hoots

    "how can anyone say for certain that the mine will continue past 10 year's ? At this stage everyone is just guessing and some of the wild exuberance is starting to boarder on fanaticism ( IMO )"

    at this stage how can anyone say it will be economic after 4 years without dfs details...??? because if.., as i suspect.., the grades will be a lot better in the first 4 years extraction of the nugget..what will that leave of the overall resource.

    i posted a couple years or so ago showing what taking 10mt at 4% out of a 30mt @ 1% resource will leave.

    Do the same for the overall resource at about 0.5% cu equiv and see what you will have left to mine for the next 50 years...fortunately it wont take 50 years to work out how economic the low grade and deep stuff is imo!!

    i expect the usual response from roh thanking me for being an interested non holder... and WM says this and WM says that...well roh in advance..pooey to that!

    xx
 
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