Prelim. Assessment for Carbon Creek Shows Desposit Could Return $752M After Tax for Cardero (CDY)

Cardero (AMEX: CDY) receives preliminary economic assessment for Carbon Creek Metallurgical Coal Deposit: base case of $752 million post-tax NPV 8% & 29.3% IRR, increases measured & indicated resources by 46 percent to 166.7MT, increase inferred resource by 87 percen tto 167.1MT.

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