Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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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Q1 2020

Pindundrjeep911

Nov 27, 2019 11:02AM

Re: Q1 2020

MoneyK

Nov 27, 2019 11:30AM

Re: Q1 2020

dwayner111

Nov 27, 2019 12:51PM

Re: Q1 2020

MoneyK

Nov 27, 2019 02:09PM

Re: Q1 2020

kupper

Nov 27, 2019 02:39PM

Re: Q1 2020

kinte

Nov 27, 2019 02:45PM

Re: Q1 2020

kupper

Nov 27, 2019 05:15PM

Re: Q1 2020

MoneyK

Nov 27, 2019 08:04PM

Re: Q1 2020

kinte

Nov 27, 2019 10:59PM

MoneyK

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Re: Q1 2020

posted on Nov 28, 2019 07:22AM

I'm not sure how Teck's tax incentive would improve numbers for a partner. It would definitely improve Teck's portion, but I doubt they will split the benefits.

The partner will pay a fair price, probably based on the NPV and will probably need to pay more as the district is explored (same as QB2). That's when everyone will get even better ROI's.

30% of QB2 was sold for 1.2B. The NPV (8%)(copper at 3.25$) is 2.9B. All things being equal, they paid more than 1x the NPV. It included a portion of financing, but that should still remaining minimal in the entire transaction.