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%)

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Message: My ROFO proposition
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Every incremental of $0.25 US increases the annual EBITDA by $60M US based on 2021 PEA tornado chart (before any future improvements).

If we consider that our value should increase following the Sumitomo 4x to 5x EV/EBITDA ratio:

  • $60M US x4 x 25% = $60M US increase in valuation for our 25% per $0.25 US
  • $60M US x5 x 25% = $75M US increase in valuation for our 25% per $0.25 US

The option 1 & 2 proposed in my structure would allow Ernesto to benefit from a high copper environment if Teck wants to differ a portion of the payment in the future.

Or else, they should pay for option 3, which is close $950M US today and I could also live with that.

IMO.

MoneyK

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