Re: Royalties

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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MoneyK

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Re: Royalties

in response to

Re: Royalties

CuuVenturer

posted on Jul 23, 2019 12:29PM

I'm assuming that Copper Fox would give up Schaft Creek for a 10% royalty on the entire district. Teck would then find a partner for 30% and keep 60%.

IMO, 10% of the net profit would give shareholders around 70M per year with Copper at 3.25. Management could spin off another company that would exclusively distribute the royalty to its shareholders.

70M per year for many decades. That's equivalent to an EPS of 0.14$ per year and every time copper prices increase 1$, that would add 25M to that number. Our stock would therefore trade 5 to 20 times the EPS.