Re: TIME FOR A NEW STRATEGY
posted on
Feb 04, 2020 02:13PM
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%)
I won't pass on this one. Taseko Mining & Capstone Mining have examples that came out with recent updates with NPV (7.5%). Do your DD. Capstone put Santo Domingo up for sale. Let's see how much they can get for a fully permitted project with C1 cash cost below 0.50$.
Now in return, you find me deals with projects, at our stage, that got significant value over 1x NAV.
MoneyK