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 > Puszy paper exiting before 10:1 = Good buying time

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Comment by Notgnuon Jun 21, 2021 5:31pm

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Post# 33424590

RE:RE:RE:RE:RE:RE:Puszy paper exiting before 10:1 = Good buying time

...and 3,000 tpd coming to the surface (grade unknown re dev ore) at call it avg. 1.3 % to be cautious, is still 2.1 million pounds per month initially. That is sold for $4.20 per pound revenue ($8.4 million) and generates about 1/2 that much in cash flow... yes, a lot of that gets used up in the process of moving to the 5,000 tpd over the next few months but that is what it is there for.

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Notgnu wrote: It comes down to how you do the accounting. If you do not, in your own valuation, capitalise the ineffeciency into the cost of mine building for the future full run rate cash flow then yes, you can argue lower cash flow. Point is that even if part of the ore is delayed from getting to the surface and the mill, the workers and machines are still working underground and building access to the other stopes etc. Those costs just end up being pre-payments against future costs (thus capitalized) in my way of creating a valuation model.

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Fishbillion wrote: Previously did snots..... its simply not...