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Bullboard - Stock Discussion Forum Entree Resources Ltd T.ETG

Alternate Symbol(s):  ERLFF

Entree Resources Ltd. is a Canadian mining company. The Company is focused on the development and exploration of mineral property interests. The Company is principally focused on its Entree/Oyu Tolgoi JV Property in Mongolia. The Entree/Oyu Tolgoi joint venture property includes Lift 1 and Lift 2 of the Hugo North Extension copper-gold deposit, the Heruga copper-gold-molybdenum deposit, and a... see more

TSX:ETG - Post Discussion

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Post by 1rockit on Dec 22, 2024 6:30pm

$$$ ;

I understand this will be one of the top 10 largest copper mines in the world when in production. Without reading the bible on this company could someone please tell me what their cost per pound will be . If its been published. I think it's a very important part of whether or not the company has a greater chance of being acquired. Thanks very much
Comment by Ausguy on Dec 22, 2024 9:22pm
Fourth largest copper mine in the world. For over fifteen years we have been waiting to be taken over by Rio. Seems Rio will now take a greater stake in Entree but my thoughts are because of the other ground Entree holds it would be better for Rio to take Entree out for say $6 a share. However, there is still some argy bargy going on so the next three months wil be interesting. Regardless we ...more  
Comment by Countrygent on Dec 23, 2024 12:23am
LOM  cash costs per lb CU after credits Lift 1 $0.79, Lift 2 $0.30 LOM AISC per lb CU Lift 1 $1.26,  Lift 2 $0.92   (Significant capital costs will have been fully amortized by the time Lift 2 is projected to be in production) As set out in ETG latest corporate presentation, page 22, available on the company web site. cg
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