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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Comment by Notgnuon Oct 15, 2021 9:25am

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Post# 34008790

RE:RE:RE:RE:Carap close >>>

Beezer that is a very good question and I am a bit too sleepy to reconcile it now but I will ponder it. My calculations are, as you have probably noticed, more of estimates (some top down approaches and some bottom up approaches.)

My background is more in estimating (validating a suposition by using various sanity and double checks.) It does not make my numbers exactly correct but I put them out there for other's as yourself (and even the flounder) to poke holes in such that I can correct what I may have missed.

I am away most of today, leaving in a couple of hours to, somewhat fittingly, go salvage a couple thousand pounds of copper from a sawmill. If I can cash in that recycling effort before NCU moves up too much it will go toward adding more.

Cheers,
N

Beezer441 wrote: Hi Notgnu
I appreciate the clarity here.
I was looking back at some earlier posts by you ( pre-consolidation, June 29) and some of of your estimates of share value based on FCF.
I believe at $4.50 copper you were suggesting the share value for the UG mine alone at .51 USD($5.10 post consolidation) at a very conservative 5 times FCF.
How do you compare the validity of the methodology of the earlier FCF estimate vs the $3,78 (USD I presume) based on NAV?

Watching and waiting patiently for the fans to come on line.

Beezer