Re: Just spoke to Lynn - 4pm
in response to
by
posted on
Dec 21, 2012 04:39PM
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%)
I assume there are substantially different requirements in structuring a PFS and a BFS
Still, trying to understand how it is that we are talking about the same mine here
Is the waste rock issue simply not addressed in the PFS and if we have a greater increase in included metal than CAPEX, how do we flip from that negative cost scenario to what is now reported?