Elmer updated the company website....FAQ was also changed! So based on the below numbers, today's npv without any JV project enhancements known is $2.15 billion US aftertax!!! Only the new long term metal prices factored in.

Once all data is known, safe to say....next npv update is over 3 billion?!?!?

The current long-term concensus metal pricing used by Copper Fox in US$ is $3.75/lb Cu, $20/lb Mo, $1,750/oz Au, $20/oz Ag.  To illustrate the net change in the discounted after-tax Net Present Value (NPV) for the Schaft Creek project, a US$0.25/lb increase in copper increases the NPV by approximately US$250 million, for every US$1.00/lb increase in molybdenum the NPV increases by US$58 million, and every US$100 increase in gold the NPV increases by US$89 million.  As these examples demonstrate, changes in the FOREX and long-term metal price can have a significant impact on project valuation.