Paterson Exploration Project, page-50

Was just looking at this again, and couldn't find any resource estimate for the mine.

But if they do 40kt X 15 years = 600,000 tons of copper, plus they have silver endowment. Say the silver represents 400kt, so it is a 1m equivalent copper mine. Just spitballing, but what is interesting is what the market is now valuing copper assets.

So we have the Havilah mooted sale ('Eve' resource in the ground) and CSA (operating mine). Suggests the following valuations:

• 1m tons of copper in ground $500m
• 1m tons plus infrastructure $1bn

Yep that makes sense.