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 > Possible Sale? Is PALA capable in the longer term?

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Comment by Notgnuon Jun 24, 2021 4:21pm

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Post# 33445651

RE:RE:RE:RE:RE:Possible Sale? Is PALA capable in the longer term?

In this scenario we take in more cash than is needed to build the open pit and the buyer gets control to go ahead and take-over the job. We retain 50% ownership in future cash flow or equity growth and the excess cash gets paid out as a special dividend to adjust for the over capitalization (or it gets used to buy up additional area resources.)

N

Notgnu wrote: To be clear I actually think Pala and company would probably not take 90 cents and more likely would only consider $1.50 to $1.80, which (at $1.50) is more like a $3 billion pre-money valuation.

N

Notgnu wrote: One possible structure is a 100% dilution at $0.90 / $9.00 (sell 50% of the whole company) which gives a pre-money valuation of about $1.8 billion, to Nevada Gold / Barrick (or Rio, BHP or whoever is a best fit with the state and with NCU / Pala for $1.8 billion)

This creates a post investment valuation of $3.6 billion in which we own 1/2

The open pit gets built. Our current development staff move on to work with the open pit and our operational staff continue running the underground.

Ideas?

N

patchh wrote: jump over to Elko.. the entire town is now a giant conglomerate and subcontractors tht serve Nevada Gold..

everything is linked by the flip of a switch and integrated w fiber -2- ipads.. Nevada Gols is in open round table discussion thru the state of nevada @ UNR (so they don't get into antitrust hassles).. thisis what they are talking about - new mills - autovclave leach to recover molten sulfur.. newmont want rail - abx wants rail.

i simply do not forsee three wildcaters running haul truks in the yearington area..

i think its a JV.. and yes thats easy enuff to structure