CYM 8.16% 4.5¢ cyprium metals limited

why CYM is a Billion $ company in the making, page-1559

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    Hey @Bison8, pointed this out elsewhere, but the existing resource in the heap leach pads (91kt of contained copper) MUST be discounted to account for about 80-85% recovery via the leach process. This is clearly set out in the Reststart study at Table 1 ("retreat ore tons stacked"). So, it reduces to about 70,000 tons of recoverable copper (ie copper plate).

    There also seems to be confusion about these JORC figures which are for CONTAINED COPPER METAL. They forecast 87% recovery as per Table 1. Can't just divide the MRE by 25,000 production. Gives an inflated mine life - which is damm long anyway.

    Cheers
 
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