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Bullboard - Stock Discussion Forum 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... see more

TSX:NCU - Post Discussion

Nevada Copper Corp > OT Mongolia
View:
Post by TELEMARKER on Jan 25, 2022 1:31pm

OT Mongolia

https://www.stockwatch.com/News/Item/Z-C!TRQ-3198378/C/TRQ

Oyu Tolgoi
At peak production, OT is expected to operate in the first quartile of the copper cash cost curve (3). OT is expected to produce around 500,000 tonnes of copper per year on average from 2028 to 2036 from the open pit and underground, and an average of around 350,000 tonnes for a further five years (4), compared with 163,000 tonnes in 2021 (5). The underground ore reserve has an average copper grade of 1.52 per cent, which is more than three times higher than the open-pit ore reserve, and contains 0.31 gram per tonne gold

Comment by bogfit on Jan 25, 2022 1:44pm
I just scanned that thing, but didn't the shareholders just get hit for a cool billion? b.
Comment by TELEMARKER on Jan 25, 2022 1:47pm
https://www.stockwatch.com/News/Item/Z-C!TRQ-3198378/C/TRQ OT somewhat like PH
Comment by Notgnu on Jan 25, 2022 2:23pm
TRQ is 14X the Enterpise value of NCU Future EV adjusted copper production is about half or less of NCU N
Comment by bogfit on Jan 25, 2022 2:32pm
"... Turquoise Hill has agreed to waive in full the $2.4-billion (U.S.) carry account loan of the government of Mongolia's state-owned entity through which it owns its interest in OT LLC (Erdenes Oyu Tolgoi LLC or EOT). The loan comprises the amount of equity invested ($1.4-billion (U.S.)) in OT LLC by Turquoise Hill on behalf of EOT to date, plus $1.0-billion (U.S.) of accrued ...more  
Comment by slewfoot2 on Jan 25, 2022 4:26pm
Notgnu. Good to hear from you. So on ign... not yey
Comment by Notgnu on Jan 25, 2022 6:22pm
Hey... whatayaknow, a three eyed flounder... fkccnn cool. N
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