Check this out-
old feasibility study (2012)
copper prices used:
3.25US=3.25CA
Exchange rate was at parity (1:1)
Today’s copper prices (2018)
New Copper if used:
Exchange rate 1:1.29
2.87US=3.70CA
Economics to SC is big (45 cent difference in change on the upward to value)
plus.....
1) waste rock conversion to generating ore
2) extra M&I resources (hundreds of millions in tonnage) not included in pit due to safety issues
3) Higher metal recovery rates and reduced costs (capex and opex)
4) Exploration potential- SC not properly delineated. Deposit open in all directions plus near mineralized zones
Many added billions to SC economics!! It boggles my mind how big or profitable this asset could be.