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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: BHP and Lundin buy filo Mining 4.1B

"Filo is far from being the same project as when the PFS came out.  They hit over 1km of CuEq above 1% later.  Not a good comparaison.

MoneyK"

Funny how sensitive and flippant you get when a totally comparable project suggests that SC is worth way more than you've been suggesting.

IMO SC is already a better and more valuable project than FIlo.  The SC NPV and IRR numbers are based on way lower price assumptions, and Schaft Creek has 50% more mine life and way lower C1 and sustained cost numbers.  

Filo's NPV is based on $3.65 copper and $1,700 gold.  Schaft Creek's NPV is based on $3.25 copper and $1,500 gold. That makes a huge difference too.

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