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 > $0.17 @ $3.60 copper vs $0.19 at $4.30 copper

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Post by Notgnuon Apr 25, 2021 10:47pm

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Post# 33064797

$0.17 @ $3.60 copper vs $0.19 at $4.30 copper

Mid January NCU was about $20 million lower market cap than today.

Copper has increased over $0.70 per pound. Before the end of the year we will be producing about 65,000,000 pounds per year copper

65 million X $0.70 X (a low) 5 X multiple = $227 million, divided by 1.8 billion shares out is almost $.13 per share USD and that = $0.16 CAD for the underground only.

Added together we should be easily at $0.33 CAD today plus a few cents for the open pit asset value for a minimum share price of $0.36 today IMO.

On top of that, the January price was already $0.10 too low IMO but.... so be it

IMO this will all start to adjust over these coming weeks and all will be well.

DYODD

Cheers,
Notgnu

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