Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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: Re: neofight AGM report - gotta watch for denominations
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Oct 18, 2013 02:35PM

What would SP be when Teck makes the decision to bring this mine into production?

What would SP be knowing Teck will arrange financing for CUU?

Fine....assume CUU is earning a gross profit of .24 per share. What is net income? Say 20 cents?

So...Capex is $3.5 billion, CUU will be "responsible" (even though Teck is financing it for us) for $875 million. With our share of the profits, it'll probably take us 9 years to pay it all back. (So your 2029 doesn't make sense if you consider us "producing right now")

Then letsa ssume that 20 cents is paid out annually as a dividend. If a stock yields 5%, how much is stock price be if the 5% yield is 20 cents? $4?

Keep in mind that 24 cents is based on the numbers from the FS. Metal prices can change, production can change, investment landscape can change....

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Oct 19, 2013 04:25PM
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