Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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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BREAKING: Gratomic Signs Deal to Supply Graphite to Todaq

  • Signed an agreement with Todaq Star Program Phase 1 Corp. to supply Todaq with an aggregate of US$25,000,000 of graphite from its Aukam project in Namibia over approximately 39 months
  • Initial order will be for 600 tonnes of graphite valued at US$3,000,000 payable in TODA Notes, a digital asset created as a medium for exchange and store of value, at a price of US$0.10 per TDN for an aggregate of 30 million TDN
  • Initial 600 tonnes of graphite are to be delivered within 90 days
  • Graphite is being purchased by Todaq to sit in reserve as a backstop to underpin the value of deployed TDN

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Message: Anniversary

QB2 43-101 has an initial mine life of 25 years and will generate around 10B US of Free Cash Flow during that period.  That's roughly 400M US per year or 500M CAD (when using 0.80).  Since they are using copper at 3.00$, this would probably be closer to 600M CAD with copper at 3.25 US.

Schaft Creek at 0.80 will generate 11B CAD of FCF for a mine life of 21 years.  That's 525M CAD per year using the 2013 FS numbers.

Already pretty close, without any improvements... and Sumitomo will pay 1.2B for 30% of that project!

MoneyK 

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