Re: NPV / IRR of SC

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

NotSoQuick

Rank: Treasurer [?]

Points: 1983 [?]

Votes: 51 Score: 2.9 [?]

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: NPV / IRR of SC

in response to

NPV / IRR of SC

NotSoQuick

posted on May 13, 2021 01:27PM

I was curious what affect using higher metal pricing would have... but also using a higher C$ exchange rate.

If I use copper price at $3.75, Gold $1,600, Silver $22.00, and Moly $10.00. Exchange rate of 0.82. Discount rate is still 8%.. The NPV goes to $7.2 billion (higher C$ really brings it down) and the IRR jumps to 37.3%..

That means Copper Fox's 25 portion of hte NPV would be $1,8 bilion which using 550 million outstanding shares gives us $3.27 / share. I will take it - but I don't expect that high - but even 50% of that is still $1.63/share. Plus we still have VD. I sure hope Elmer and company can get a deal done by early Fall. One sale will drive speculation for what we can get for the other deposit.