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 > Copper smelting price

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Comment by Notgnuon Jul 13, 2021 8:44am

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Post# 33534927

RE:Copper smelting price

konrad...I would have to look it up specifically but I am 99% sure that the AISC (all in sustaining cost) of $1.86 for the underground portion, does include smelting charges.

AISC is an (almost) standardized method of costing to try capture all cost thus making it easy to compare the commodity price to the cost to get it out...including things like replacing capital equipment along the way.

Example: 60 million pounds of copper gives about $111 million to cover all costs of getting it. That is why NCU is so great relative to it's trading price.

N

konrad wrote: For sure some of you know the answer to a question I had for some time now:

To what degree is copper price relevant for ncu's product?

Isn't the copper price for the smelted project? Do we have to factor that in then?

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