Everyone is like.. why is Casino up so much lately?  WHY WHY WHY???

I will tell you why... while WRN is $131M market cap CUU is $338M market cap...

and the numerbs DON't lie... pretty clear when you line them up which project you want to be exposed to and it sure as hell ain't Schaft Creek. 

 

 

 

Casino

Schaft Creek

Mine Life

30 years

21 years

CAPEX

$2.13B

$4.5B

Base Case Pre-tax NPV

$1.57B

$513M

Base Case IRR @ 8%

19.6%

10.8%

Payback

3.3 years

6.5 years

LOM strip ratio

0.72:1

2:1

Mill operating Costs:

$9.70/t

$13.33/t

 

 

 

LOM Annual Production:

 

 

Copper

157M lb/y

232M lb/y

Gold

262k oz/y

201k oz/y

Moly

12M lb/y

10.2M lb/y

Silver

1.37M oz/y

1.2M oz/y

Base Case Prices:

 

 

Copper

$2.50/lb

$3.25/lb

Gold

$1,100/oz

$1,445/oz

Moly

$14.00/lb

$14.64/lb

Silver

$17.00/oz

$27.74/oz