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.

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Nevada Copper Corp > For you geeks 97.2% under evaluate should be $8.24

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Post by theblueredfly12on Mar 11, 2021 5:41pm

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Post# 32781649

For you geeks 97.2% under evaluate should be $8.24

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	Calculation	Result
Terminal Value	FCF₂₀₃₀ × (1 + g) ÷ (Discount Rate – g) = $1 671,182 x (1 + 1.54%) ÷ (9.23% - 1.54% )	$22 075,99
Present Value of Terminal Value	= Terminal Value ÷ (1 + r)¹⁰ $22 076 ÷ (1 + 9.23%)¹⁰	$9 133,38

TSX:NCU Total Equity Value
	Calculation		Result
TSX:NCU Discount to Share Price
		Calculation		Result
Total Equity Value	= Present value of next 10 years cash flows + Terminal Value = $2 760 + $9 133		$11 893,38
Equity Value per Share (USD)	= Total value / Shares Outstanding = $11 893 / 1 825		$6,52
Exchange Rate		USD/CAD (Reporting currency to currency of TSX:NCU)		1.265
Value per Share (CAD)		= Value per Share in USD x Exchange Rate (USD / CAD) = $6.52 x 1.26		CA$8.24
Value per share (CAD)		From above.		CA$8.24
Current discount		Discount to share price of CA$0.17 = (CA$8.24 - CA$0.17) / CA$8.24		97.9%