CBE has a current MRE of 11.5 tonnes @ Copper 0.52% andSilver 11.6g/t with an upside potential/exploration target of 205-308 milliontonnes @ 0.31-.46% Cu and 5.5- 8.3 g/t Ag.
The in ground value of the MRE for the Copperwhich is 60,000 tonnes at todays prices is worth $1.15 billion aud, while thevalue of the Silver component of 4.3 million ozs is $.5 billion aud.
With rising Silver prices, more than 400% overthe last 2 years, the value of Silver is now a very valuable component of theMER being 30% of the total MRE value.
If Silver price continue to appreciate at theselevels in the next few years, it could make it as valuable as the Coppercomponent in the total resource.
All in my opinion, DYOR.
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