CUF 11.1% 0.8¢ cufe ltd

Ann: Tennant Creek Project - Orlando Mineral Resource Upgrade, page-7

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    lightbulb Created with Sketch. 156
    Wrong about Cu....37k tons of Cu is about 350M usd (9k per t). Calculate about 30% net margin after production costs and also decrease the CapEx to create a mine(100M-200M a rough estimate). So 1.200M aud for both Au and Cu minus 200M Capex, leaves 1B at 30% profit= 300M aud
 
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