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: QB2 Slow Motion Disaster

Most of the QB2 build was financed by debt & their partner.

Teck's initial plan was to pay around $700 US out of pocket to generate around $700 US of EBITDA per year (60% ownership - first 10 years) with copper at $3.25 US.

Per the PEA, 100% of SC represents around $600M US of EBITDA per year with copper at $3.25 US.

Not saying that QB2 is better than SC, but also not saying that SC would have been a better choice.

There's many things to consider in my opinion.

MoneyK

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