CDU 0.00% 23.5¢ cudeco limited

sp recovery, page-36

  1. 9,328 Posts.
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    From the presentation.... Wayno says "where building our plant to treat 5-7% copper".

    He then refers to the JORC, and 10 years at 1.24%eq. Then he says first 4 years at 2.05%eq.

    Then he says about the next 6 years "after that it will deteriate SLIGHTLY".

    Work out the numbers.

    10 @ 1.24 = 12.4
    4 @ 2.05 = 8.2

    The last 6 years at 0.7% eq (12.4 - 8.2 = 4.2 / 6)

    He thinks going from 2.05%eq to 0.7%eq is a slight decrease.

    Not only are there magic Elfs and Fairies at Rocklands, but magic mushrooms too.
 
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