Club Mulgoa

Wednesday, December 19, 2012

CDU

Ah... Isn't it nice?  You go looking for water to process your processing plant, and you discover more copper while you were drilling!

I last bought CDU after the SPP was cancelled.  The price $4.14 was below the SPP price.  Of course, there was also good news but the market didn't like the placement nor the SPP.  I didn't care what the market thought.  Currently, the share price is at $4.45.  But the 3 small top-up parcels before that were at $4.60 to $4.81.

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