Nevada Copper Corp 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 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.

GREY:NEVDQ - Post by User

Nevada Copper Corp > Goldman on New Commodity Supercycle

<< Previous

Bullboard Posts

Next >>

Comment by Notgnuon Feb 12, 2021 8:02pm

191 Views

Post# 32559910

RE:RE:RE:Goldman on New Commodity Supercycle

PS... That is about a 5,000% gain from here.

N.

Notgnu wrote: $10.00 copper = $8.14 X 65 million pounds per year (underground only) = $529,000,000 per year free cash-flow (profit) X4 multiple = $1.25 per share (underground) plus that would mean the open pit would, long before, be financed and = $200 milion pounds per year copper equiv X ~$ 8.25 = $1,650,000,000 per year free cash-flow (profit) X 6 (higher multiple for more mature and larger) = $5.82 per share:

So: $5.82 + $1.25 = $7.07 per share USD = $8.98 CAD per share

Happy dreaming of $10.00 copper ...could actually happen:))

Cheers,
Notgnu

prophetoffacts wrote: "While Goldman has a copper target of $10,000/mt, which is consistent with its $65/b oil price, Currie speculated as to whether copper could actually reach $40,000/mt at some point."

So what would NCU's price be with $10 copper?