Re: Asset sale in progress?
in response to
by
posted on
Mar 20, 2020 10:22AM
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%)
In order to get a 8B valuation for Schaft Creek, you need around 1.2B of net cashflow year after year.
I disagree. Show your math. let me guess, you are using botched FS numbers, pre-optimization, and applying NPV8 on a completely disrisked poly-metalic enviro-benign, inidginous supported, multi-generational mine in a safe jurisdiction...LOL.
Whoever, you are...you are talking way above you pay grade right now. Maybe you better just step down and get your boss Shiela to post her thoughts directly.