Calculations pleaseIt would be nice if someone measured the new land similar to the CUU current distribution and performed the calcs for the resource using updated 3 year average prices. The Mess Creek are can be valued at 2 bucks for simplicity sake. Do it for 100% CUU for simplicity. I won't have time until mid week but I'd like to see what it comes out as.
My rough work says 3.3 times area, 4 times depth (avoids engineering issues) and 8B pounds. (I did not expand the resource through the mountain in my calc even though the geology demonstrates this to be true. That would require elevation volume calcs over a slope. Bit more complicated.) Comes out at just over 100B pounds copper. Because the other elements are not similar in distribution those should get a 25% discount in the calc. or cut them in half to be conservative.