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 > Underground value

<< Previous

Bullboard Posts

Next >>

Comment by lumpy13on Jul 05, 2021 7:46pm

91 Views

Post# 33496954

RE:RE:RE:Underground value

KFW provided an export loan. It was tied to having some of the CU concentrate be sent to a German smelter. KFW has been accomodating so far in the delayed start-up and is providing relatively cheap debt. They would probably lend more for the open pit mine. Whether the other existing lenders, which are much more expensive, would lend more (and at what rate?) is unknown.

If they can get the UG operations running smoothly and look at an expansion, the open pit mine could be implemented relatively quickly (for a copper mine). Given the upcoming copper shortage, a larger copper player could be very interested in NCU, but the question would be the acquisition price and what Pala would find necessary to make it worth their while and sell.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario