Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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: Re: Common sense
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Feb 15, 2013 12:54PM
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Feb 15, 2013 02:47PM

"He said we did even bother to do the FS at 12%."

The math is not that complicated. We know the yearly cash flow so we can figure out the NPV at 12%. It's somewhere around -$340M.

We are NOT positive at 12%.

As futher proof, our NPV from 8% to 10% went to $513M to $25M. It's easy to see that NPV at 12% will be negative.

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Feb 15, 2013 03:21PM
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