Re: Rumour- Glencore will increase offer by 5 billion! Wow!!

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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MoneyK

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Re: Rumour- Glencore will increase offer by 5 billion! Wow!!

in response to

Re: Rumour- Glencore will increase offer by 5 billion! Wow!!

tired digger

posted on Apr 17, 2023 01:33PM

Teck not providing a lot of data to it's shareholders will play against them.

Nobody has a clue what's the true NPV of Galore or SC. Teck can brag about these canadians assets, but they need to update the market with significant information or else Glencore will offer a price that fits the current EBITDA and they will acquire all the future projects for free. Smart move!