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 > The Wallzzzzzzzzzz ........ will ...... Fallzzzzzzzzzzz

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Comment by Notgnuon Apr 26, 2021 6:54pm

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Post# 33071719

RE:RE:RE:RE:RE:RE:RE:RE:RE:The Wallzzzzzzzzzz ........ will ...... Fallzzzzzzzzzzz

The reason I like this kind of option is primarily the optics of it. The market will probably pay up and extra 3 X to 5X share price multiple on the over riding cash-flow allowing us an big exit in a shorter time frame.

N

Notgnu wrote: Best, but not necessarily most likely case, IMO is a JV with a Mega miner in which they operate the open pit we put up 100 million for the engagement ring and they build the house at their expense. we get a cash-flow stream of 50% and we keep the underground operations going as is for a decade or two. Something like that but done in a mining practical way that I would leave for others to comment on.
N.

lumpy13 wrote: Nope, open pit financing is 1-2 years away. Nobody is going to offer them money until they see the UG operations working well. Then they will want to see some accumulated cash flow.

Look at the gyrations that NCU went thru the last year in needing more money for the UG production startup. Lots of dilution and relatively high cost debt (except for the German money, which is tied to the concentrates).

But the reverse split should happen in the next couple of months.