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Nevada Copper Corp NEVDQ

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

Post by nofluffon Nov 13, 2021 9:59am
277 Views
Post# 34122956

I think I get it a bit

I think I get it a bitI was a bit ticked after randy saying only days ago. No new financing needed for underground and then saying new money would be used for underground.

The reason new cash will b used for underground, is because cash in bank from pala got paid back. 

Am I correct emma??

Since I am not a warrant holder, I am quite happy with the new injection.
Shareholders should b able to phone there brokers and buy the units. May have been already filled though.

When warrants r exorsized at 1.50, ncu will b a net debt corp with 250 million ebitda. Should give about a 3.00 cad sp.

Then they will have to do a raise for down payment on op. Yes. Randy was clear, some of the cash is going to op evaluation.

Headed for10 bags for sure.

Happy guessing:))

nf
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