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 > Which warrants

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Comment by Notgnuon Apr 17, 2021 3:31pm

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Post# 33017581

RE:Which warrants

I have been buying some A's due to the longer expiry.

Yes, the company brings in $100 million of (essentially) pledged capital and the share count goes up to about 2.2 or 2.3 billion but the market cap in reference to today's market cap goes from $330 million to $430 million equivalent so that is a 30 % eqivalent bump in market cap.

The relative value to the holder of A warrants (currently) diverges at around a 37 to 38 cent share price. In other words both the shares and the warrants double at that price but the warrants still carry greater risk if copper colapses etc.

The warrants pay more than the shares right now if you get to monetize them at (let's say) a better than 45 cent share price (roughly) and this obviously all changes at different ratios of share to warrant prices that you may have to pay in a while.

N.