GREY:NEVDQ - Post by User
Comment by
nofluffon Jan 16, 2024 11:19am
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Post# 35829088
RE:NPV
RE:NPVThat is my guess as well. I would say those numbers 0.28 would be u.s. So 0.40 cad. Some details to add to value. The recent extention of the large lode they are mining. Also the cent drill in all directions found more copper in all 6 directions.
Copper hill and dimples is huge for current mill. The drill showed deposits starts at surface and was found deep as well. Plan is to slowly mine those hi grade deposits and use it for some feed on the ug mill.
The plan is to expand mill from 5000tpd to 6500 tpd. They think they can get the ug equipment mining and hoisting 6500 tpd. However, that would b maxing hoisting ability. With the copper hill and dimples hi grade, there would always b ample ore for mill, even if there were ug issuses. So I believe 0.40 or 0.50 cad should be doable soon. But keep heading for a dollar. OP should keep the price going north. Higher copper prices would b nice:))
nf