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 > Intrinsic value

<< Previous

Bullboard Posts

Next >>

Comment by Notgnuon Apr 13, 2021 5:23pm

202 Views

Post# 32989298

RE:Intrinsic value

Correct... and when (if) the share price goes to a $1.00 within the expiry then the A's provid a 15 X return at a 5 cent purchase price and the shares would be ~ a 6 or 7 X return from here

westcoast1000 wrote: The intrinsic value of the WT.A series is calculated as:

Current share price minus strike price for the warrant, i.e.,

17 - 22 = - .05.

Minus .05

That is, the warrants have no intrinsic value now. They have time value of about .10

When the share price is above .22. the warrants will have intrinsic value.