Re: NTL - A short history
in response to
by
posted on
Sep 30, 2014 06:49PM
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%)
PFS and BFS are very too different documents. Prospekt has explained on why there is such a big difference in copper cost.
Also, the 1.15 cost right now is a very conservative figure too. When it's mined, the real cost might be a lot lower than 1.15. And depending if Moly recovers, it might lower our cost even further.
$600,000??? What is your avg cost Grant?