Caravel Copper Project - Bankable Feasibility Study, page-114

NPV = Net Present Value = basically, a calculation of the value of a future stream of income minus payment outflows over the project life (used to calculate profitability).

CVV NPV is ~$2 billion dollars at a copper price of US$4.00/lb...... and NPV rises by ~$1 billion dollars for every US$0.50c increase in copper prices above a copper price of US$4.00/lb. So at a copper price of $US$4.50/lb, NPV = ~$3 billion dollars.




As per below: "Expected overall C1 (cost of mining), reduced from US$1.54/lb to US$1.23/lb copper".






You're wrong again, Buddy.