Re: NPV5 & NPV8 ? -Yes, you're right PPC...
in response to
by
posted on
Dec 22, 2012 10:27AM
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%)
Thats right. what all the negative fuzz is about? capex was maintained quite all right. Numbers have been shown as worst possible scenario and guess what, its still bankable! this is the basement , the worst case. these guys can calculate value and offer proper price for it. if retail cant, well shame on them ! IMO we are a HUGE step closer to the buyout. A decently priced buyout.