Re: IRR 10.13% and a payback period of 6.5 years
in response to
by
posted on
Dec 21, 2012 03:34PM
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%)
This is what Teck wanted. They wanted the worst case so they would know if it would make money in the long run. The market may have a different reaction.