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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: Moly
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Assuming our 25% for SC will be worth 800M at this point and assuming an investment should yield, very conservatively, 15% per year, our 25% would need to increase by at least 120M per year to make it worth the wait.  That would mean the SCJV would need to increase the value for 100% of the project by minimum 480M per year.

With the 2021 program, I dont see this happening.

IMO

MoneyK

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