Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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: Teck sells 30% stake in QB2

I don't think the calculation is accurate.

Teck sold 30% of a project for 63% x NPV (8%) of the entire project + they are carrying 10% of another company to production.

To keep the calculation easy, let's assume we also have 30%.

Therefore: (63% of 513M - 63% of 1.382B) would give us a range of 0.68$ to 1.83$ with the current numbers.

MoneyK

 

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