RE:RE:RE:That's the way it goes!$20 is the NPV of the NC53-101 economic assesement for the upper portion of the deposit, in the oxide ore, at current copper prices.
NPV = Production x price - cost to produce - cost to build discounted by 8% Time value of money
That doesn't include ANYTHING for all of the recent drill results proving out a 1 KM thick chunk of sulphide ore that is 1+% CuEq,
OR
The newly discovered gold and silver zones in the oxide which were discovered AFTER the initial NC53-101 report.