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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: Neighbouring project news

"Florence has a planned average annual production rate of 84 million lbs. of  copper from probable reserves of 345 million tonnes grading 0.36% copper. The facility has an estimated $920 million pre-tax net present value at a 7.5% discount rate. The after-tax NPV was recently downgraded to $760 million at a 7.5% discount rate due to recent changes to the US tax legislation."

Where did you get this quote from?  Sibiu might actually be right that a mistake was made.  Confusing pre-tax and after-tax NPV.  That would be a pretty bad mistake.

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