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%)

Free
Message: Teck sells 30% stake in QB2
Reply New Message
Prev Message Back To Forum Threaded View Next Message

According to the NI 43-101 Case, QB2 had a NPV (8%) at 1.9B with copper at 3.25$US.

Therefore, 30% of the project sold at around 63% of the NPV (8%).

If Copper Fox/Teck easily doubles the Shaft Creeks numbers, 30% of Shaft Creek would sell close to 700M for this project only.

(and that's using the Base Case... not even the ROV).

MoneyK

6 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply