Nevada Copper Corp T.NCU

Will copper go to $5.50 by year end? NCU >>>

[Notgnu]

If we get $5.50 copper and we get confirmation of steady state production of 5,000 tons per day from underground then what?

$5.50 mius $1.86 AISC (all-in sustaining cost) = $3.64 per pound cash-flow

$3.64 X 60 million pounds (underground) per year = $218 million per year

Apply an 8 X multiple and get $1.74 billion,

Divide $1.74 billion by say 2 billion shares and get $0.87 USD per share

Converted to CAD = $1.08 per share 

Add the value of the future 70,000 tpd open pit asset to the $1.08 per share using $5.50 copper and get 220 million pounds per year at $3.50 ($5.50 minus $2.00 AISC) X an 8 multiple = $6.16 billion 

Take $6.16 billion and remove $2 billion (a big over estimate) for the cost to build the open pit and get $4.16 billion. Divide this amount by 2.3 billion shares and get $1.81 USD per share which equals $2.31 CAD per share.

Take the open pit value of $2.31 (at $5.50 copper) at divide it by 2 because no one wants to pay for it's value and get about $1.14 per share.

Add $1.08 per share plus the $1.14 per share = $2.22 per share. 

So, if you were Pala and copper were to be $5.50 at the end of the year, you probably would not even want to talk to a buyer for less than $2.22 per share in that case

Cheers,
Notgnu

[Notgnu]

Rockhound3... I see now you are still watching NCU. Do you want in on the free trip (at 75 cents Y/E?)  Cheers, Notgnu ============================================================== This is a FREE trip that will be paid for by SNgu8000 and Notgnu for NCU at $0.75 or above on Dec 30, 2021.  Date of trip: Sometime in February to late April 2022 Destination: Default is Reno but

[aurens]

July 5 ....Bank of America .....copper forecast at end of 2021.to be $5.87....... yipeee kyay! Cheers

[nofluff]

They r just repeating my guess:)) My record is pretty good. nf

[Returns2021]

No it will not go to $5.50. Copper price will stay around current levels for a bit, but they are headed lower in the medium to long term. See you at $2.50 within 12 months

[Notgnu]

Rhank you all knowing great Returns2021 for coming here with your prognostication... Now Flukc off and go short a bunch of copper contracts on the futures market. N

[goldanalyst]

No one knows where prices are headed....and by no one I mean no one including you...tossing a coin and predicting where commodity prices are headed in most instances give you equal chances of being correct....

[bogfit]

I wouldn’t have any problem with your post if you simply changed all the "you's" to "me".  What you say may well be true for many, but that limitation should not be considered universal.   While it is "true" that "No one knows" the future, some of us can usually fairly well predict the trend in prices, which by definition is "where prices