Re: IRR 10.13% and a payback period of 6.5 years - BRoF
in response to
by
posted on
Dec 21, 2012 03:46PM
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%)
There's no way insiders put that much cash in this for 1.25$ NPV.
Cobre has 1.5 Billion NPV..majors see things differently.