Ann: Quarterly Activities Report, page-9

loki

several reasons why i bought CDT:

1)
its low market cap with 170m shares on issue and management holds big skin of the 170m, so the quality and future should aline with their money put into CDT.

2)

Mr stone he has several years working experience of developing and mining in Copper/Cobalt mine in Zambia.

3)

he also stated he did not wanna a Short term Play but a decent one which i assume should be a near production or at least have some merits in the project(less risk), you seen (NCZ,) acquisition of project , a near production and JORC ready, 3 baggers when it re list.....

4)

they did not milk the company funds compared with many others juniors management take Fat pay and vending a Hype and done a quick CR and countining the cycle again and again,such as (CMY)..

5)

CDT has commitment to remain in resource/mining sector given Mr stone has sufficient Geo experiences and Background so it will be easy to meet ASX rules and a 2 day TH could get CDT out of halt and news announced, for example , a HOA, with further DD later...

6)

from the last 2 ANN,

• Attended to the process of transferring the Julie West prospecting licence to purchaser Azumah Resources Limited which upon completion will release to Castle the final cash consideration of A$250,000.

this $250k will add into its existing cash balance so less risk they will done a CR before acquisition, so that i s why i am thinking a Acquisition/CR combo...

7)

CDT is a small float and liquidity is average and low , so when someone not happy to see the same wording from quarterly, they decided to sell, this does not mean it will affect CDT pursuing New Focus...

whoever sold CDT, it is their choice, whoever bought in at whatever point/entry, should make their minds of waiting because at this stage, we have no idea when the acquisiton will kick in, could be in a week, or months, no one like me has idea, but CDT management, so someone sell or buy later is the typical human decisions..

someone bought at 1.3 could be less risky when compared with others who bought at 1.8, my first parcel is even over 2c , and their waiting time for news is way less then us long holding and could ripe even big rewards than us long waiting, again, whoever bought/sold, should do their research carefully....

given WMN/MEI/BSX/REI, and NCZ (Zinc), old bones of BCN(goldy), BOE, (U), shell games /Acquisitions are still truly ALIVE and provided substantial returns....

at 1.3c, its MC is merely $2.2m, with EV $1.6m, you ask why this shell? the above are my answers and go check the rest of shells, they are wording the similar as CDT and it is actually the SHELL game.....

thanks...