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 > SWS fair value estimate for NCU

<< Previous

Bullboard Posts

Next >>

Comment by mckayk3on Jan 28, 2023 7:31am

257 Views

Post# 35251634

RE:SWS fair value estimate for NCU

Yeah that valuation is pretty wild to say the least. I remember years ago the valuation of the company being 1B at $2.5 cu. Theres been no real change in value other than the delays to UG since then. The share structure has been diluted mind you. So if we take $4.2 cu then the company has a value around 1.68B over 772M shares is a rough $2.32 per share. Thats my yard stick at least.

But to your question, I do recall the strategy was to get the UG running in order to finance the OP. So thats probably why we see a delay to OP.

<< Previous

Bullboard Posts

Next >>

This battery metals stock is on a path to the global stage