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%)

Free
Message: Re: Payback
12
Jul 25, 2013 07:14PM
4
Jul 25, 2013 09:33PM
3
Jul 26, 2013 08:12AM
10
Jul 26, 2013 08:32AM
6
Jul 26, 2013 09:20AM

Jul 26, 2013 10:19AM
17
Jul 26, 2013 10:24AM
2
Jul 26, 2013 10:31AM
4
Jul 26, 2013 10:39AM

You will not see production until 2020 at the earliest IMO.

Well you're right about that one, since CUU's 25% will be bought out before this is even built.

So Capex will be more than the FS #'s.

Again, you have the CUU capex, not the Teck capex.

Here's an example with Cobre Panama...

http://www.bloomberg.com/news/2013-06-20/first-quantum-seeks-lower-costs-at-quicker-cobre-panama-project.html

First Quantum Minerals Ltd. (FM), a Vancouver-based copper producer, intends to complete its Cobre Panama copper project faster than first planned and at lower cost, according to the company’s operations director.

“There will be a number of significant changes,” Matt Pascall said today in an interview in Lusaka, the capital ofZambia. “I’m sure in the end it will be done more quickly than it would have been and also at a lower cost.”

9
Jul 26, 2013 10:53AM
1
Jul 26, 2013 10:59AM
6
Jul 26, 2013 02:02PM
3
Jul 26, 2013 05:24PM
Share
New Message
Please login to post a reply