Nevada Copper Corp T.NCU

Primary Symbol: NEVDQ

Metals & Mining Copper

Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and a large-scale open pit PFS stage project. The Property is located in northwestern Nevada and consists of approximately 24,300 acres of contiguous mineral rights including approximately 10,800 acres of owned private land and leased patented claims. Pumpkin Hollow is located approximately 8 miles southeast of the small town of Yerington, Nevada in Lyon County, one- and one-half hours drive southeast of Reno. The Company’s wholly owned subsidiary is Nevada Copper, Inc.

GREY:NEVDQ - Post by User

Nevada Copper Corp > OT Mongolia

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Comment by bogfiton Jan 25, 2022 2:32pm

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Post# 34359098

RE:RE:OT Mongolia

"... Turquoise Hill has agreed to waive in full the $2.4-billion (U.S.) carry account loan of the government of Mongolia's state-owned entity through which it owns its interest in OT LLC (Erdenes Oyu Tolgoi LLC or EOT). The loan comprises the amount of equity invested ($1.4-billion (U.S.)) in OT LLC by Turquoise Hill on behalf of EOT to date, plus $1.0-billion (U.S.) of accrued interest (1). Further, the parties have also agreed to improve co-operation with EOT in monitoring the OT underground development and enhancing ESG (environmental, social and governance) matters.

(1) The expected impact on net present value is approximately $1.0-billion (U.S.)."

Some other way to interpret this?

b.

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