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Neighbours Cupric Canyon announce US$565m funding deal for mine, page-5

  1. 42 Posts.
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    Hi all,        I am averse to detailing figures /  financial or otherwise,   it is easer to form a conclusion by collecting salient points and using common
    sense..to....highlight the main points as I personally concider relevant.      In this case [ Cupric Canyon feasability and funding statistics ]   I see this
    for MOD ?            The same if not better mine capacity....split between two sites [ T3  and T20 complexes ]    both rated 100mt  and a mid cap
    entrance to the LSE  Both with LOM equal to Cupric's.       For MTR this would shoot the value of combined potential income also to mid  cap
    proportions.  The eventual Jorc of MOD could well be north at 6 / 800mt  and would not be surprised if Rick Rules calcalations hover around these
    assumtions............I think I am being conservative.......however the approaching  upgrades due for 1.  T3   2.  T20   3.   Kalaharii Metals....and the
    expected  DFS end March.......will show how close to the above conclusion we are.      With all the domes within MOD / MTR licence area of
    16000km2......graded [ another 2yrs if not more ]  The Jorc could be well past the 1000mt mark.          I speak as I find,  and this is not confirmed
    or meant as advise...........but definately worthy of contemplation ?      Of coarse we could both be taken out at any moment now ? ?    Regards.
 
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