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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: Tick-tock, tick-tock, tick-tock

Small corrections from previous post:

 

My calculation is:

513M base case + exchange rate (14pts x 75M) - copper (7pts x 50M) - gold (17pts x 20M) = (873M x 25%) divided by 417M shares.

218M or 0.52$ per shares before any improvement for our 25%.

So there is already 70% improvement for base case @ 8% NPV.

MoneyK

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