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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: NPV of cashflows
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I think when the Liard shares kick in we will actually get less money, rather than more. Between Teck and us we only own 78% of the NPI of Liard. There is also the Royal Gold share of about 3.5% NPI. On top of the 78% we own about 1.5% apart from Teck. I can't remember off-hand the final percentage but it is lower than the 25% of the JV agreement. I assume the cash flow on the Presentation takes this into account.
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