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 > NCU future

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Comment by Notgnuon Aug 15, 2021 10:03pm

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RE:RE:RE:RE:RE:NCU future

As an example NCU could borrow more cash if they need it or they could do a financing at, for example 19 cents and attach some warrants if needed to sell it; or they could lower the strike price on the existing warrants to bring in the $50 or more million from the existing ones. No financing fees etc are needed that way and the dilutition remains close to the existing fully diluted share count. $50 million from the first warrants plus $10 or $20 million extra long term debt if negotiated and approved by KFW bank and then there is money to pay down the accordian, continue drilling and expanding the resource, and continnue the work of openning new levels and stopes to feed the full 5,000 to 6,500 tpd in H1 2022. The share roll back will come when the dike news is behind us, the surface fans are either being installed or are installed and the 3,000 tpd is confirmed.

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