Re: The new BFS

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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%)

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RabidTiger

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Re: The new BFS

in response to

The new BFS

cuuvette350

posted on Nov 10, 2011 01:11PM

I think you might be a little too optimistic about the operating costs. I've built a fairly detailed model and my numbers estimate a LOM copper cost of $0.03 / pound. It will be difficult to match the numbers shown in the 2008 PFS. Remember that the price for moly is roughly half what it was in the PFS.