HCH 0.00% $1.25 hot chili limited

$?Bill in a ? Life mine, page-363

  1. 8,659 Posts.
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    You seem to be missing the point.

    Assuming 0.6% Cu equiv grade the inground metal value of the ore would be only about USD$37/t. (assuming USD$6,100/t Cu price)

    Now if this is a 500mt+ deposit as we all hope and even if they sold it then clearly the they wont get USD$50/t of ore... but even if they got USD$1/t... thats a USD$500m+ transaction

    I should stress that no one but you is saying that the USD$50/t we have been discussing is on total ore not contained metal.


    Last edited by Big Kahuna 101: 21/07/20
 
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