Let's assume for a moment there is really 30mt at 7% copper.....
Given that CDU has had 5 years to prove it, and yet the best they can do is 1.24 eq (1.04% at current prices), this give you faith in management because????
a). A game show presenter said so. b). Wayno previously let a big one get away. c). Because we all are believers. d). Rocklands is a magic place full of Elfs, Fairys and Native copper unlike any other place in the world where real world principles don't apply. e). All of the above.
Now that I understand that CDU is really BHP.... I'm going to have to buy some (note the sarcasm).
CDU Price at posting:
$2.24 Sentiment: Sell Disclosure: Not Held