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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: JV Meeting
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Sep 09, 2024 10:36AM
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Sep 09, 2024 04:39PM
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Sep 09, 2024 05:05PM

One of the old theories was Teck was going to build up NPV in SC then sell 50% to another major then get a free mine out of the deal. You'd think that is still there plan considering they've partnered up with Newmont. So at some point Teck is going to have to reveal their meta results/NPV and if Teck wants the free mine scenario the NPV is going have to be at higher valuations..The question is what are they waiting for?? I'm sure they already know the meta results and the longer they wait the higher LT prices go and our 25% buyout gets more expensive..does Teck really want to wait for 2030 $6-10 copper to buy us out and more than likely much higher capex to build out the mine..IDK but all I know is it's probably easier getting info out of the KGB than Teck Resources...

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