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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: Re: NPV of 171.2M. tonnes of waste within pit shell
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NPV of 171.2M. tonnes of waste within pit shell
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NotSoQuick
Dec 13, 2013 11:27AM
NPV of 171.2M. tonnes of waste within pit shell: There's more!
15
youngmoney
Dec 13, 2013 12:20PM

sorry but your copper is way off (to our benfit by the way)

171MT = 427,500 tonnes of copper at 0.25%

That is about 855 MILLION pounds @3.25/pound = $2,778,750,000 !

Stick that in your calcuations....got to get back to work, TGIF

Ldubs

6 Recommendations
Re: NPV of 171.2M. tonnes of waste within pit shell
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ldubs
Dec 13, 2013 01:58PM
Re: NPV of 171.2M. tonnes of waste within pit shell (Big correction)
19
NotSoQuick
Dec 13, 2013 02:58PM
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