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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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Message: Re: Just a thought.
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Nov 03, 2012 09:35AM
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Nov 03, 2012 12:00PM

I definitely figure we've had long enough to get the BFS done. To my mind, the ball seems to have been significantly dropped by TetraTech for the Dec. 2011 deadline and the March 2012 deadline. There must have been some substantial redesign asked for by CUU too, and then working in the 2011 RE, and then the 2012 RE this last spring.

By way of comparison, the TetraTech BFS on Ajax took 18 months. May 2010 - December 2011. This with many different EPCM's all contributing to the report. Good reminder that a well done BFS isn't produced over night. But, agreed, we're due as its been a few years now. Ajax reference: http://www.tetratech.com/pdfs/64/Case_Study_KGHM_Ajax_Feasibility_Study.pdf

It is funny to think about all the "next week" predictions we've all made the last 1.5 years. I was prepping my family for the big BFS last November and what a great Christmas it would be. Surprised there wasn't more airing of grievances and punishing me with extra feats of strength. I'm not saying much this year about anything, but getting a little restless and weary at this point. Maybe a few of us could offer to do light office duty for CUU and TT to speed things along :)

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