Re: possible buyout scenario.

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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 11:17PM

YM, if they were able to reduce the average strip ratio from 2:1 to 1:1 or even possibly lower... that means they would have to move a lot less waste, reducing the cost significantly.

Would definitely also remove a couple of automated trucks from the initial order.

How many trucks would be required at Schaft Creek? How many 100K salaries would they save per year with automated trucks vs. the previous FS? I think it's significant.