Re: SC PFS (2008) vs. FS (2013) and possible FS/PEA (2021)
in response to
by
posted on
Jan 24, 2021 01:38PM
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%)
Just for fun accountant, here are my numbers at spot price and using a 7.5% discount rate! :)
|
FS/PEA (2021) |
FS/PEA (2021) |
Tonnage (tpd) |
133000 |
133000 |
Mine Life (years) |
21 |
5 |
|
|
|
|
P&P (76.5% of M&I) |
Inferred (76.5%) |
Reserves (MT) |
989.1 |
242.3 |
|
|
|
Grades |
|
|
Copper (%) |
0.26% |
0.19% |
Gold (g/t) |
0.16 |
0.14 |
Silver (g/t) |
1.2 |
1.1 |
Moly (%) |
0.017% |
0.019% |
|
|
|
Recoveries |
|
|
Copper (%) |
88.40% |
88.40% |
Gold (%) |
81.30% |
81.30% |
Silver (%) |
70.70% |
70.70% |
Moly (%) |
71.30% |
71.30% |
|
|
|
Total production (LOM) |
|
|
Copper (M lbs) |
6,120 |
1,065 |
Gold (T oz.) |
4,936 |
1,028 |
Silver (M oz.) |
31.1 |
6.8 |
Moly (M lbs) |
282.2 |
75.1 |
|
|
|
Annual production (LOM) |
|
|
Copper (M lbs) |
291.5 |
213.0 |
Gold (T oz.) |
235.0 |
205.7 |
Silver (M oz.) |
1.5 |
1.4 |
Moly (M lbs) |
13.4 |
15.0 |
|
|
|
Annual production |
(Y 1-7) |
|
Copper (M lbs) |
327.9 |
|
Gold (T oz.) |
288.8 |
|
Silver (M oz.) |
1.5 |
|
Moly (M lbs) |
12.9 |
|
CuEq (M lbs) |
522.1 |
|
|
|
|
Annual production |
(Y 8-21) |
(Y 22-26) |
Copper (M lbs) |
273.2 |
213.0 |
Gold (T oz.) |
208.1 |
205.7 |
Silver (M oz.) |
1.5 |
1.4 |
Moly (M lbs) |
13.7 |
15.0 |
CuEq (M lbs) |
428.2 |
369.5 |
|
|
|
Total cost per lbs of Cu (CAD) |
1.50 |
1.50 |
|
|
|
Price (USD) |
|
|
Copper (lbs) |
3.62 |
3.62 |
Gold (oz.) |
1,856.00 |
1,856.00 |
Silver (oz.) |
25.50 |
25.50 |
Moly (lbs) |
10.00 |
10.00 |
Exchange rate |
0.785 |
0.785 |
|
|
|
Capex (CAD) |
2.8B |
|
Sustaining (CAD) |
1.0B |
|
Construction time (years) |
4 |
|
Payback (years) |
2.4 |
|
|
|
|
Pre-tax NPV (7.5%) (CAD) |
9.1B |
735M |
IMO.
MoneyK