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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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Well it does say road building is an expenditure, and they are getting an environmental permit for that separately so they could work on that--whatever that costs. Plus they could pay the Hydro study.

If you think about it, they might not even be able to earn back 20% if the terms of this Agreement were strictly adhered to. They would run out of things to spend money on, unless they started drilling up everything.

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