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Nevada Copper Corp 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 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

Comment by Notgnuon Apr 08, 2021 5:41pm
68 Views
Post# 32963708

RE:RE:RE:RE:Summary for new NCU buyers

RE:RE:RE:RE:Summary for new NCU buyers Not what I said or meant... Total sales = about $900 million a year. Half is cash-flow and half is cost (AISC) 

The cost portion of $450 million a year pays for the mill but ammortized (for example) over 10 years.

10 years X $450 million = $4.5 billion.

20% of the $4.5 billion = $900 million

$900 million is more than enough to pay for the mill ...

Probably, like you say, more like $650 to $700 million (from the $4.5 billion apportioned from the $2.00 cost (AISC)

N.

patchh wrote: ohhh !  the 450 is a little lite !  i heard a figure of 650$M..  so i guess this makes the Mill'(s) 200M$..

that present  mill is timed' for 5000..

200 million should include the tires  ??


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