I have done some very broadbrush figures - very conservative - allowed 0.2% Cu for total volume..
Area of discovery 1800 x 1100 x 50m thick = 99,000,000m3.
Tonnes per m3 = 3.5 tonnes.
Total tonnes - 346,500,000 material
Use very low copper ration 0.2% = 693,000 tonnes of Cu equivalent
Sales price or copper at present $US9,000.
Total sales = $US 6.237b or $AUD 8.31b
Cost of mining and processing - say 50% of total sales.
Income 4.158b.
Any comments on methodology or contra views?
I have done some very broadbrush figures - very conservative -...
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