I looked at them some time ago but didn't buy, for reasons I've now forgotten.
They own 100% of the Rocklands Copper Project, 15km from Cloncurry, QLD.
From memory it is one of the richest copper/cobalt deposits in Aust but the project is still in the feasibility stages with first production planned for early 2011. Still a few hurdles to jump first.
CDU seem to have plenty of cash - $21.8m at 31 December 2008 and they have been steadily buying back shares on market.
Definitely worth a serious look if you reckon copper has a future. I do.
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