Re: Asset sale in progress?
in response to
by
posted on
Mar 21, 2020 02:10PM
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%)
Per the official report, it climbs 75M for every point, so 2.1B. In the calculator it gives me 2.9B, but that's subject to my assumptions & in/out numbers not 100% ligned up in time with the 2013 FS. Anyways, it's just to give an idea.
MoneyK