Re: TIME FOR A NEW STRATEGY
posted on
Feb 04, 2020 02:56PM
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%)
It's not really relevant in my opinion to compare the product, the size, etc. The important thing is how much cash will the package generate and how much is it worth now (NPV). Chile is still considered a pretty safe jurisdiction. Let's see how much they can get vs. their NPV (8%).
MoneyK