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Nevada Copper Corp T.NCU

Alternate Symbol(s):  T.NCU.WT.C | NEVDQ

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.


TSX:NCU - Post by User

Post by nofluffon Jan 25, 2023 1:03pm
202 Views
Post# 35245578

math

mathCurrently ncu has mc of about 300 million and debt of about 200 million cads.

By mill start we could b at 300 million debt and 1 billion shares.  To build the mill today would cost double what it did. So about 500 million. The ug developement and current exploration finds about another 500 million. So ncu should be over a dollar per share on replacement of ug alone.

For good permitted deposits, the minimum insitiu value is .50 a pound. 
So the 2 permitted mines about 3 billion pounds 4 a 3.00 sp without all the other discoveries. If copper goes 10.00 way those numbers all jump hard.

Nf
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