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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: Metal Prices

With the current rise in metal prices, what woul dthe economics look like now , even without any of the enhancements? Base case below

2021 PEA Summary 4 After-tax US$  $842.1M NPV 8%  12.9% IRR  4.8 Years Payback  21 Year Mine Life 

 $3.25/lb Cu, $1,500/oz Au, $10.00/lb Mo, $20.00/oz Ag

 

The chart in the presentation only goes to $3.75 Copper, but @ $4 , I am thinking the after tax NPV would nearly double and the IRR would be north of 20% , all with an 8% discount rate.

 

Updating those numbers alone should make the market take notice and give the share price a bump? Or am I just dreaming.

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Apr 05, 2024 08:59PM
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Apr 08, 2024 09:45AM
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