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 > Uplisting how far away?

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Comment by Notgnuon Apr 23, 2021 5:29pm

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Post# 33059771

RE:RE:Uplisting how far away?

If we dilute based on a current share float price of 60 to 90 cents to bring in the extra $500 million or so and end up with cashflow from 290 million pounds of copper equiv. production we all become very rich.

N

Notgnu wrote: Works for me... My original outlook when I started buying in November had been for 45 to 60 cent price by the end of 2021. Since then some startup issues (change of mine planning re fractured marble and the concomitant change to the electricaland the ventilation) have delayed full 5000 tpd by 2 quarters but at the same time the price of copper has outpaced even my best case scenario thus making NCU's asset value shoot up and the cash flow, even from lower production volumes (but above the hedge) are going to pay down a lot of costs very quickly.

In summary I still am sticking with my 45 to 60 cent target EOY and am quite happy for the reverse split and potential collaborations with big investors or big mining companies for the open pit.

Cheers,
N.

TestingTheCat wrote:
The RS should take this to $5ish so 25 to 35 to 1ish. The RS vote and filing will take most of July. The uplist application could be filed in September. So Q4. 5ktpd should also be in August/September. After the uplist I would expect the pit financing and dilution. What have I missed? Cheers ttc