Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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%)

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Re-thinking this, the 4.3B capex will be distributed over the 5 year period.  To keep it simple, let's assume expanditure of 860M for each year.

 

Based on the 2013 numbers:

Teck's portion:

- 5 year for construction, Y1-7: $615M, Y8-21: $311M and 4.3B of capex and sustaining

Result: NPV (8%) = (-236M)

 

Copper Fox's portion:

- 5 year for contruction, Y1-7: 20M (Y1 & Y7) + 15M per year, Y8-21: $104M

Result: NPV (8%) = (425M)

 

Total NPV = 189M ... ok it's not 513M, but close enough considering the approach.

 

Future possible scenario:

Teck's portion:

- 5 year for construction, Y1-3: $1,450M, Y4-21: $739M and 4.3B of capex and sustaining

Result: NPV (8%) = 2.9B

 

Copper Fox's portion:

- 5 year for contruction, Y1-7: 20M (Y1 & Y3) Y4-21: $246M

Result: NPV (8%) = 1.2B

 

Total NPV = 4.1B

 

MoneyK

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