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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: Re: QB2 is nice...
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Nov 15, 2020 08:32AM
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Nov 15, 2020 09:20AM
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Nov 15, 2020 10:04AM
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Nov 15, 2020 01:32PM
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Nov 15, 2020 02:06PM

You're probably looking at the Sanction Case which we don't have yet for Schaft Creek.  This considers inferred.  It's probably better to compare ourselves with their Reserve Case.  Also, the first 5 years is ok, but I think it's better to compare using LOM.

If we want to be precise, QB2's latest & greatest Reserve Case LOM is 563.2Mlbs CuEq. 

Even with that value, in my opinion, SC will be very close or ahead in terms of numbers.

MoneyK

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Nov 15, 2020 02:45PM
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