GREY:STACF - Post by User
Comment by
junior_mineron Mar 11, 2007 5:09pm
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Post# 12397871
RE: Braindead in-situ valuations (NDM)
RE: Braindead in-situ valuations (NDM)Cut the crap nopoo. They are going to have several pits in different parts of this huge active member. Nobody knows where at this point depends on what they find.
Once I read some research report on NDM. It used very modest metal prices and anticipated USD 0.25/lb cash cost for copper and annual production rate of 550 M lbs. That was just Pebble West. East is double the grade and almost certainly double the size. They can employ the most cost effective of bulk mining methods.
Did I mention strip ratios at West are 0.8 to 1.
You can start comparing there.