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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: Downside risk vs potential upside

1) If the inferred 191 t was added in, the exchange rate considered, what does that lower our cost/lb to today?

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I would guess zero or even negative as I expect it would revert back to approximate expectations before the botched BFS. The exchange rate might put it significantly negative.

Its a game changer. The negative effect of the botched waste on the project can't be overexaggerated IMHO.

IMHO at least a ten fold increase in value.

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