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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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Message: 2019 SC Report - Potential outcome
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I don't see why it could not be realist.  Typically, I'm using the same production as the 2013 FS, but adding 20%.  Did not even consider the increase in tonnage from 130 Ktpd to 133Ktpd (2.3%).  At the end it will depend how aggresive they were with the optimization.

I prefer to keep a conservative approach, but this would be my aggresive buyout estimate... anywhere between 1.2B and 1.8B.

MoneyK

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