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 > What doe this sentence mean?

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Comment by Notgnuon Apr 22, 2021 3:15pm

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Post# 33046643

RE:RE:RE:RE:What doe this sentence mean?

patchh, if I understand what you are asking then at 4,500 tpd and (a guess) 1.5% average copper grade:

4500 X 1.5% grade X 90% recovery X 30 days / month X 2000 pounds per imperial ton = 3,600,000 pounds copper per month. About 700,000 pounds of this would go to the hedge (for now) and earn $750,000 + [2,900,000 X $2.24 (at $4.10 copper] = $7,200,000 per month of free cash flow (all costs in)

N.

patchh wrote: the 47 is not going to go down..

NCU is not in a position to take 2200 tpd goiing into June - ridind a stream outake

thinkj of the batch - somewhere between bubble gum & bailing wire..

may ask for a re-flight of the numbers @ 45 >>>))) !!