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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Cobre Panama value
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Based on the price being paid for Inmet, I wonder if there is an easy way to extrapolate the value of Schaft Creek under 2 senarios:

1. First senario with Take paying us 360 million and taking 75%. Then we would have almost the stock value today in Cash and own 25% of the project plus teck would be required to meet all the other requiremnets of the agreement.

2. Second senario: Teck doesnt take us up for some reason but we own 100% of the project and can shop it to another company.

Just curious if someone has done any rough calculations on this and relative to what this hostile offer was.

thanks

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