Re: It doesn't make sense
in response to
by
posted on
Nov 17, 2014 12:44AM
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%)
Correct me if I'm wrong.
We've got 22% of the Liard proceeds interest + our 25% of SC?
But the real question is on which side is that 30%. Is it that we've got Tecks 30% of that 75%? In that real case we would have 47,5% Net Proceeds Interest! Probably not but anyway interesting...