Re: Expectations
in response to
by
posted on
Feb 08, 2013 01:14PM
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%)
If the feasability had been "bankable" at the 12% discount Teck would have had to accept it as bankable from the moment they recieved it, but it isn't, so they get 30 days to decide, "at their sole discretion".
would you be able to show me where they have 30 days to review, i must have missed this.....thanks!