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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: Re: Teck's view! Seems positive "Prefeasibility to be Initiated"

Am I the only one that thinks the NSR change from $6.60 to $4.31 might knock the C1 cost down by at least another $0.20 per lbs of copper? 

That's an additional 75M per year maybe?  Only this variable could increases the NPV (8%) by another 500M.

IMO.

MoneyK

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