Re: options and money
in response to
by
posted on
Jan 02, 2013 01:57PM
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 you are talking about the .78 options, what real time shareprice would be required to make it positive once one considers all the possible fees, if any, they have to pay when they exercise the options?
Thanks