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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: SC - Cost of Copper net of Credits
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NSQ, 

A better way to look at it could be:

SC 2013 was 130 000t x 365 days x $13.25 = 629M

SC 2021 could be 133 000t x 365 days x $8.66 x 92% = 387M

So basically, they will save $242M US per year for roughly the same production.

Assuming 370 lbs CuEq per year, that's a reduction of $0.65 per lbs of CuEq.

IMO.

MoneyK

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