Recap of findingsMy apologies for the typos. I like to keep the posts clean but totally missed this one.
Last note about the open pit and open pits (plural) is that based on 2023 news releases, there are likely deposits outside of the known and studied deposits that may add tremendous value to this land asset once it is better studied.
The pits are the biggest assets this company has, yet the current "heavily shorted marketcap" hinges mainly on the underground...
Go check out the articles about Nevada Copper on finbox.com , they are old articles but you get a chance to revisit what many analysts at that time have said about Nevada Copper's land asset.
I posted a few weeks ago a tally of the funds raised over the last few years plus the note from KFW bank regarding the mine construction exceeding over 370 million USD back in 2019.
So far, on the low end of current estimate costs based on what I read, at least 1.5 billion CAD invested so far...
Pala's average price per share paid for 822,000,000 shares is estimated at 65 cents - 70 cents CAD
Pala increased its shares by 620 million in less than 1 year. They had 167 million before October 2022.
Mercuria has 100 million warrants at a strike price of 25 cents which cannot be exercised due to the SP being artificially kept around 16 cents CAD
Recently 50 million shares have been added to the public float which has not been explained why by public relations. 249 million shares made up public float, now 297 million shares make up float.
Castlelake LLP and Hargrave (two institutions hold a combine total of 12,300,000 shares within the float) but this has been hidden.
Kate Southwell ( former director) was listed on the insider registry until 2 weeks ago. She was removed from there and her shares are now part of the public float, along with my shares and yours (if you're an actual share holder reading this).
Have a good weekend.