My mistake zzedz. Correct currently $96M cash in bank and $0.00...

My mistake zzedz.

Correct currently $96M cash in bank and $0.00 DEBT.

188M shares PLUS all of the below;

- Owns 100% of its mining fleet - mostly purchased during the GFC Financial Crisis
- Mining and Infrastructure Corridor Leases granted for 30 years
- Environmental Impact Statement and Plan of Operations approved
- Compensation agreements with the landowner and the Cloncurry Shire Council in place
- Native Title agreements in place
- $30m already paid towards 3mtpa Process Plant
Major components ordered including ball mill, high-pressure grinding rolls (HPGR), primary and tertiary crushing circuits, alljig® gravity jigs and various ancillary components - all currently under construction.
- Rail-load Facility in Cloncurry - access to national markets secured
Joint memorandum of understanding with Xstrata Copper and Minmetals Group for the joint development of the Company’s Multi-user Rail Load-out Facility, significantly reducing CuDeco’s up-front development costs.
- Ship-loading Facility at Port of Townsville - access to international markets secured
Lease signed with Port of Townsville Limited for 1.506 ha of land at the Port of Townsville, allowing for the construction and operation of a bulk materials receipt, storage and export facility. Development Permit received from Queensland Department of Environment and Resource Management (DERM) for Ship-loader and Concentrate Storage Facility at the Port of Townsville - currently under development.
- Significant resource inventory based on over 340,000m of drilling - discovery costs ~1.5c/lb
30.3mt @ 1.7% CuEq (0.8% CuCoAu cut-off) Measured and Indicated resource
97.9mt @ 0.96% CuEq (0.4% CuCoAu cut-off) Measured and Indicated resource
272.9mt @ 0.62% CuEq (0.2% CuCoAu cut-off) Measured, Indicated & Inferred resource

- Mineralisation commences from surface - low life-of-mine strip ratio (approximately 3.16 to 1)
High-grade supergene zone (native copper and chalcocite) - accessed in initial years to maximise earnings
- Exhaustive metallurgical work completed - high metal recoveries achieved
Significant time, effort and expenditure has been allocated to metallurgy, resulting in high metal recoveries and premium concentrate grades.
- Low mining and processing costs
CuDeco expects to maintain one of the industries lowest percentile mining and processing costs, at just 81c/lb
- Off-take agreements in place
- Development activity advancing
Site activities well advanced, with construction of major infrastructure currently underway.
- Located close to major regional Queensland township - reduced development costs
Workforce based in Cloncurry (~15km from mine site) - access to existing roads, rail, highway, airport, shops, healthcare, etc.