Re: Question about Andean Takeover
in response to
by
posted on
May 30, 2012 09:49AM
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%)
ok, thanks Vette. So something like this: CUU= 25% (3.5 billion)+ 4X expenses, control on decisions + Potential (Proven +Inferred). So the minimum would probably be the high of 2.75 + up to 2-3$ for the rest of the equation, 4.75-5.75 a share?