AuCN2, heres an extract from a previous article that provides one way to value the NCu;
Of course many won't believe the NCu is there until the company starts digging it up, and placing it into neat piles on the ground.
http://www.couriermail.com.au/business/no-specific-deals-says-cudeco/story-e6freqmx-1111113687998
.."He said later he had tentatively explored what the Chinese company might be able to offer to Cudeco, by way of value adding to Cudeco saying "copper might be worth $US8000 a tonne but copper pipe perhaps $US40,000.
Cudeco believes its Rocklands project may produce tonnes of "native copper" which with little processing could be turned into, say, small-gauge copper tubing that might be produced in Australia with Chinese technology."
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timeframes in erection of mills, page-60
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