Just out of interest, I went back and had a quick look at the proposed Feasibility and Development plans for Discovery Metals back in Aug 2010 and Tiger Resources back in Sept 2008 (there may be further reports on this, but this is all I could find) For those with little experience with Feasibility and Development reports, it might be a good idea to have a brief look over these reports to see how they are structued and to familiarlise yourself with the terminolgy before BTR announce their studies....I'm no expert so it was good to review :)
Interesting to note, both companies proposed mid 30,000 tonnes pa for cu with average C1 cash costs of mid US$1.20 per pound..Payback for both companies less than 2 years. These figures were calculated a couple of years ago, so they could use different avg copper prices now?
If anyone could add further to this discussion with possible comparisons with BTR, would love to hear your thoughts
DYOR
BTR Price at posting:
$1.11 Sentiment: LT Buy Disclosure: Held
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