Bullboard - Stock Discussion Forum Nevada Copper Corp T.NCU

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

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Nevada Copper Corp > Developer bonds @ 13%? Wow!

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Post by bogfit on Nov 11, 2021 11:05am

Developer bonds @ 13%? Wow!

"Some holders of offshore bonds issued by a unit of developer China Evergrande Group had not received interest payments due on Nov. 6 by Monday morning in Asia, two people familiar with the matter said.

Scenery Journey Ltd. was due to make semi-annual coupon payments on Saturday worth a combined $82.49 million on its 13% November 2022 and 13.75% November 2023 U.S. dollar bonds."

Investors still waiting for late Evergrande interest payments | Daily Sabah

Just getting an idea how much debt China is carrying. I guess all the inflation isn't home-grown by the U.S. gov't. after all.

b.

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Comment by patchh on Nov 11, 2021 11:47am

BlackRok (err the US Treasury-Now) is up to their eyeballs in that mess.. them are deravies ! u see 500B - then on the books its Trillion.. impossible to unwind and resell... headed this way... china will block re-patraition of the BR asssets

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