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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: Re: 3.90 Copper
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Dec 15, 2023 07:44AM
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Dec 15, 2023 09:36AM

The copper, gold, moly price do have a significant impact on the selling price, but need to be sustained for a certain period before it affects the selling price.

Currently, the LT prices are supported by 3 years of higher metal prices, which increased the value (100% of SC) from $800M US to over $2B US (without considering any other changes to the PEA good or bad).

IMO.

MoneyK 

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Dec 15, 2023 10:03AM
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