Re: possible buyout scenario.

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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MoneyK

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Re: possible buyout scenario.

in response to

Re: possible buyout scenario.

youngmoney

posted on Jun 24, 2020 10:15PM

Assuming a partner would need to secure a loan for 800M @ 4% interest per year to pay for 25% of the capex, that's about 172M in interest that would be paid over a 10 year period.