Re: SC PFS (2008) vs. FS (2013) and possible FS/PEA (2021)
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posted on
Jan 23, 2021 03:55PM
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%)
Thanks for sharing your calculations... Neat to see how much things could improve.
Shouldn't the PEA price of gold be something like $1,600? I thought that was the new average price used by mines for this purpose. Likely my understanding is incorrect. The other prices look about right to me.
I don't think it wouldn't change things too much. Out of curiosity..what would the new NPV be with 1,600 gold?