Re: Long Time Shareholder

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%)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

MoneyK

Rank: Treasurer [?]

Points: 8673 [?]

Votes: 62 Score: 2.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Long Time Shareholder

in response to

Re: Long Time Shareholder

Accountant007

posted on Jan 15, 2021 03:35PM

On the other hand, a potential purchaser could fund a good portion of the capex with debt and only pay interests for 2 years. That would highly increase the purchasers IRR and could justify a higher percentage of the NAV for Copper Fox. Everything needs to be considered, but I think 50% is a fair minimum.