Lol....the so called bashers can rationalize BASE CASE 8% no inferred NPV all they want.

None of them have or are able to explain why 18% of the Quellaveco deposit sold for 980 million. And that's why I keep bringing it up, and I'll keep doing it. Nobody can bash that lol.

Explain ?? Get me some numbers. They can't.

That offer was in Feb 2012..their Capex was over 3 Billion in 2010!!

They're in Peru, big water issues

Their M&I = 823.8 Mt @0.44Cu = 3.68 Bil pounds copper. Their Inferred is 183 Million tonnes. Was that inferred considered waste rock ?

Did Mitsubishi even care when they bought 18% of 980 million ?

Show me the NPV...nobody can. Only the Majors see or think that far and they act on it, in this case they fought over it.

Same deal for our 25%, bare bone, is $3.13.