Re: Using 3.50 copper….
in response to
by
posted on
Oct 01, 2021 09:42AM
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 they can find a way to reduce the construction timeline by 1 year, increase the FCF by $100M US per year on average and elect to extend the mine life to 28 years, that would double the PEA values.
After, they would be in very good position to negociate a sale without leaving too much money on the table.
IMO.
MoneyK