Ann: Storm Copper DSO Potential Confirmed, page-32

J and J,

I have no idea of the revenue side. If what you are saying is correct this means that we can multiply 15.5kt of copper by US8600 to get a yearly revenue of around $135M (and the 1.5Mt processing is just an example - it could be more). We know that the opex for the plant is $6M. We can say that the admin cost is probably $4M. Add in $5M for transport to market and it means that the mining cost (and any other costs missed) need to cumulatively come in at less than $120M to be breakeven. Be interesting to see this all rounded out with a full mine plan and schedule for production and revenue but on the surface it looks very profitable. But according to Bunn this is 'no news'.