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 > NGU = could you look at your calculations

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Post by rockhound3on Nov 14, 2021 10:41am

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Post# 34124579

NGU = could you look at your calculations

To determine the approximate profit with a hoisting rate of 5000 tons per day, assuming 2% grade ensuring that you are using the current cost per pound processed and reflecting the various streaming deal and the 6% ( check the %) royalty.

my concern is that one might be using old assumed data which may be significantly different from reality!

Also was anyone able to sort out the 3rd quarter results including the magical profit that was created with the change in the misunderstood concept ( devised by IFRS and other creatures )meant to make financial statements more user friendly!!?

Once again the financial statements did identify NCU's problem = a lack of cash! Not sure if this problem is solved??

ROCK