Re: NTL - A short history
in response to
by
posted on
Sep 30, 2014 03:35PM
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%)
ONCE AGAIN, you go onto the negative copper costs. Even putting a post sayng how it was gone the day the BFS comes out. Guess what, that makes perfect sense and is exactly how it should ALWAYS and will ALWAYS be done. As you see, the negative copper cost is from this thing called a PRE-FEASABILITY STUDY, which guess what, is actually replaced by the more accurate defined and detailed FEASABILITY STUDY.
Or do you truly think it is acceptable to display pre-feasability numbers apon completion of a feasability study? One supersedes the other.