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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Message: Re: M&A in industry- Cardinal Resources

"IMO say it's 3-4 billion for a large low cost advanced multi-metal project in Canada with huge exploration potential. 
25% interest gets us around 750million to 1billion"

Thats if we can get 100% of fair value NAV.

EE and ES will try to get as close to 100% of that value but might have to meet Teck in the middle.

could be as low as 50% of true value or 75% or 85%.
Using the middle of those numbers assuming 850M (100% nav):

We could see 425 million sale at 50% nav (not likely their plan as company wants close to full nav)

We could see 550 million at 65% nav (possible)

We could see 630 million at 75% nav (more likely)

We could see 720 million at 85% nav (better)

And if EE really wants full value after his 15 year wait...we get 100% nav for best buyout price.

This is where the discussions will take the longest to figure out and agree to. Deciding what % of nav for 25% interest we deserve in a sale agreement. All this assumes total value of 3-4 billion of SC. 

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