There will be people here far better suited to this exercise than I am but let's talk about the JORC of 10Mt is 10,000,000 tonnes @ 1.3%copper = 130,000 across 4 deposits
Copper price per tonne $8.8k USD
130,000 x $8800 = $1,144,000,000 inground
I haven't added the silver. Does that look right to you?
Does anyone know the approximate costs to open pit mine?
Can someone help with the prices of the leases?
Bottom line here is they're aiming to grow this to 20Mt, 40Mt etc but it's a great foundation
There will be people here far better suited to this exercise...
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