Wow - the numbers in this are mind-blowing, assuming they are realistic.
The previous plan for 45 ktpd had NPV8 of $619M and C1 of $1.87.
This plan for 65 ktpd has NPV8 of $1010M and C1 of $1.19, which is a massive drop in C1 and a real game-changer in the economics.
The forex and copper price assumptions are approximately the same in both, though the gold and silver price assumptions are quite a bit higher which would help the C1.
But this about a 50% increase to NPV, and it's worth keeping in mind the current copper price is well above their assumption of $3.15.
I have been tossing up selling my C6C the last few days, now that I'm finally well into profit after buying VCN shares all the way back in 2007! But things are actually looking really quite good for CMMC now IMO.
Wow - the numbers in this are mind-blowing, assuming they are...
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