Re: What is up with all the conspiracy theories?
in response to
by
posted on
Feb 05, 2013 10:05PM
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%)
The contract specifies that the feasibility must be positive at both the NPV 8% and NPV 12%.
No
It only needs to be positive at 8% under Paragraph 5.5 (b) (ii)
https://docs.google.com/file/d/0B1opssTdj4BuY2FkMmQzMDctNzdiZC00Njg1LTg3YzUtNTY2MzhjODRlMGFl/edit?hl=en_US&authkey=CPLqmtQO