Re: Update on Copper guys

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: Update on Copper guys

in response to

Update on Copper guys

youngmoney

posted on Nov 26, 2020 10:27PM

If my memory serves me well, per the 2013 FS, every 1% above $3.25 US increases the NPV (8%) by around 50M.

So to the basic NPV (8%) of 513M, we could add:

1.55B for the current exchange rate that improved
225M for the current copper price that improved
630M for the current gold price that improved

So that would give a NPV (8%) close to 2.9B without any improvements to capex, opex, etc,.