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Bullboard - Stock Discussion Forum Nevada Copper Corp T.NCU

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

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 > Different ways
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Post by nofluff on May 13, 2024 11:22am

Different ways

To get the 16 million cad. Deficit to even Q2.

Q1 was about 10 million gross. Need 30 million. 

Copper average of 7.00 cad. Will help.

3 thousand tons per day will help.

1% grade will help.

Let's run those numbers.

3000 × 20 × 7 × 90 = 42 million.

That would provide cash for piping, crusher completion, and smd.

Ng
Comment by nofluff on May 13, 2024 12:10pm
Now let's look at q4. Speculation. 5000 tpd. 40 pounds per ton. 10.00 cad per pound. 90 days.  5000 × 90 × 40 × 10=. 200 million.  That leaves 150 million free cash to clean up all back interest and Pala loans.  A five or 10.00 sp would b cheap.  Nf
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