Eva Copper Project Feasibility Study, page-54

They spent $90 million. Altona had $40 million and this property. I guess they thought it was worth at least $50 million. Not as much as the mine they already have. There is supposedly $240 million of value here at a 22% rate of return. Whoever puts up the financing is going to get a cut. Then there are the inevitable setbacks in mine construction. Theres a good chance they can make their $50 million back and then some over the life of the project. Its contingent on copper prices.