I wonder what gold and copper prices ALK will use in the SS for...

I wonder what gold and copper prices ALK will use in the SS for Boda/Kaiser?

In the updated MRE for Kaiser they used the following prices - Gold $US1,950 and copper $US8,600 - these are about 18% and 16% below current spot prices - current spot prices would result in a big increase in NPV.

*The equivalent calculation formula is AuEq(g/t) = Au(g/t) + Cu%/100*31.1035*copper price($/t)/gold
price($/oz). The prices used were 12-month averages of US$1,950/oz gold and US$8,600/t copper, and
A$:US$0.67. Recoveries are estimated at 87% Cu and 81% Au for Boda, and 81% Cu and 71% Au for Kaiser
from metallurgical studies. Alkane considers the elements included in the metal equivalents calculation to
have a reasonable potential to be recovered and sold.