Re: ''bankable''
in response to
by
posted on
Feb 14, 2013 05:38PM
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%)
Teck has the right, at their sole discretion, to accept or reject the FS as bankable. they have 30 days to do it.
No they do not
You really have to study the applicable paragraphs
The parameters for defining a bankable FS were stipulated and they were met
No one in their right mind would have undertaken what Salazar did if the results were strictly and arbitrarily at the sole discretion of the other party