Re: Right by the xxxxs
in response to
by
posted on
Feb 09, 2013 04:11PM
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%)
Did the agreement specify if it was the pre-tax or the post-tax NPV that had to be positive? On a pre-tax basis we easily cleared the NPV 8 percent hurdle. However, we just squeaked by with the post tax NPV 8 percent.