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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: Rio Tinto gets offer
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It's supply and demand. The more projects there are for sale the more prices will get pushed down. This has been reflected in our share price.

BHP sold Pinto Valley. Rio Tinto sold Northparkes. There are other asset sales in the works as well. The good news is that there are some buyers with money in hand as well.

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