Post by
KatieRossland on May 02, 2022 4:31pm
the bottom line..
Bottom line 75k ton/day mill, 18 year mine life on Copper Mt as-is At .4% Cueq 75000t/d 85% recoveries = 205 million pounds Cueq annually at $4 copper cashflow of +400 million a year for 18 years on just sulphide before expansion. Then bull underground mining at Porphyry Mt is another 20 years (higher cost compared to Copper Mt but 2.5x the grade, use the same mill as copper Mt. We are potentially looking at +40yrs of production.
guess is by year 3 capex is paid back if not sooner, guess we will know for sure later this year when the PEA is out.