Some surprises in the nr. Sc operating costs now $1/lb. I thought it was .68-.80. Even at $3.75 a pound for copper the after tax npv is $1.4 billion. It also seems to suggest they used 100% of the estimated reserves in their calculations. I thought the old estimate only used 60%.
It's hard to see how SC gets anywhere close to the higher end valuations. Based on these numbers we would be lucky to get $400 million.
Despite trolls suggesting I am a basher I want nothing more than the max value from our investment. It's very possible that I am missing something important in the numbers and would love for someone more knowledgeable to help "pump" the numbers into the higher range.