The high grade nature of the Reed Copper deposit gives the project substantial leverage to copper prices. The following outlines VMS Ventures (30% share) of the copper price sensitivity to pretax Cash Flow (Based on PFS scenario).
Prices
Copper (USS/lb) $3.00 $3.30 $3.50 $4.00
Cash Flow $29,530,000 $44,278,000 $54,110,000 $78,691,000
Pre-tax