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Nevada Copper Corp T.NCU

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

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

Comment by patchhon May 18, 2023 9:38pm
129 Views
Post# 35455729

RE:Debt

RE:Debthard 2 tell..  looks like they added some gear for a slurry sistem -w- the water below from the dyke leak recovery..  there R no hard rok minersposting here 2day..

NCi has 5 & dimes sometime end of 2023 (toss N a 1/4 for a loose toolbox)..  then about 6 quarters B4 they can do and EBIT that meets mine aiudit standards..

NCI has quirped early 2025 @ 5000tpd..

if th mine issues an OP declaraion..  that should make a SEDAR around june 2024 and who will float the cash N -4- construction..  stork dilution will not build an OP - NCI will need a Canacord -w- an upfront cash contract/principals (construction company)..  the state will not allow glory hole developments; they had had many problems w closed mines and current operations that are not inductry standdard...

--> NCI long term - should B ok..  if the principal investors get' creative..  then the political forces will sho their hands..

the State of Nevada Will not recieve their Bond Closure Surety for an OP when they move to exercise their permitted -4- an op..  the surety is 250M$ up front..  the rules have changed here in frog' town' since the mjines inception..

NCI is sitting in the middle of other elements of development..  the bigger question is - can NCI get away from the Russian Way of Creative Writing/instruments..  simply go for standard terms - splits - chattels/etc and non continetial investors..

--> debt looks- sounds like - bout' 350M$ compounded..

THEN::  where R the lonely shares of NCI - b the first to find out !  i am curious..  63% ??/payla - merk;;;  not realistik when he has a recent settlement w the US SEC/TSX at 49%...

open hostile bid ?? JP Morgan does not have the rite size...  nobody will trust these firms
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