Re: Asset sale in progress?
in response to
by
posted on
Mar 20, 2020 10:25AM
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%)
Just use any NPV calculator online, input 1.2B of net cashflow for the next 21 years and remove 3-4B for capex and sustaining.
MoneyK