Re: SC PFS (2008) vs. FS (2013) and possible FS/PEA (2021)
in response to
by
posted on
Jan 25, 2021 01:04PM
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%)
The way I do it is like that.
E.g. Y1-7: 403.9Mlbs CuEq x (($3.15/0.77) - $1.50) = $1046.47 Net Cash Flow
The sustaining is included in the $1.50 total cost. I only use a sustaining number to calculate the payback time (capex + sustaining) / $1046.47
For the rest, I use a compounding of (2) in the calculator and capex is -400 Y1 and -800 Y2-4, but there's no good or bad answer for that, it's anyone's guess.
Let me know if that helps.
IMO.
MoneyK