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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%)

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Message: Improvement Opportunities

If they changed the agreement incentives from 12%NPV for a 12 year, 25,000tpa project to an 8%NPV for a 15 year, 50,000tpa project

What should an appropriate NPV be for a 130,000tpd mine with a 21 year life?

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