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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: Molybdenum Price Forecast

I forget who was coming up with US $500M (~ CAD $700M), maybe it was ebitda, but anyway its a whole lot more now.

Table 4-22 from the 2023 PEA shows that for every one dollar increase in Moly price per lb, SC's after tax NPV goes up by US $40 million.  The PEA uses $10/lb moly.  Moly is currently $43.54 per lb. for a  $33.64 per lb difference.

So, the increase in SC's NPV if just we used moly spot instead of a way outdated and out of line LT average used, then we get 33.64 X US $40 million =

US $1,345,600,000 increase in SC's NPV
 
...just the moly value increase represents about an additional CAD $0.82 of NPV per CUU share for our 25% of SC  (US 1.3B X 25% / 550M X US/CAD)  

Our patient billionaire backer might just be a misunderstood genius!

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