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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

Comment by patchhon Nov 14, 2021 4:01pm
171 Views
Post# 34125089

RE:RE:RE:RE:RE:RE:NGU = could you look at your calculations

RE:RE:RE:RE:RE:RE:NGU = could you look at your calculations
this isn't about managment...

Payla has written a Insurance Re Bond -2- KiWi..  the payments payhas been making are for the 50 M$ liability.. the tribbles are monthly and payla is collecting in stoks..

this last Finny Pak was the same as the old one..  it simpley retired the Payla KiWi Re' and wrote a new one w a cash plate of 40M$.

this is in plain english in the 2021 AFS

""The cash flow model for the impairment analysis is based on detailed forecasts for the Project""

Other than pricing, discount rate assumptions and timing of the ramp up of the Project, the negative impacts of COVID-19 could have a material adverse impact on the recoverable amount of the CGU.

This amendment is effective for the Company’s annual reporting period beginning January 1, 2022, with early adoption permitted. The Company is in the process of assessing the impact of the adoption of this amendment. None of the remaining standards and amendments to standards and interpretations, which have been issued but are not yet effective, are expected
to have a significant effect on the consolidated financial statements of the Company.


Bond


Concurrently with the closing of the January 2021 Offering and the Concurrent Private Placement, the Company issued 702,461 common shares to Pala at a price of CAD$1.65 per share (the “Fee Shares”), the January Offering Price, in the aggregate amount of approximately CAD$1,159 ($910) as repayment of fees owing to Pala in connection with certain indemnity agreements entered into by Pala and the Company relating to the Company’s bonding arrangements (the “Indemnity Agreements”).


get a grippa !


Payla/NCI is at the end of the yellow brik road...  the combined monthy payments for payla paying interest on items such as drilling for 45M$; is approaching 30% +++

there is a hole ladder of these payments..  the ASF only declares interest payments ?  bu to who or for what when where !

then !

why does this credit facility w accordian features paid but stated as paid but not really paid w storks - in this case Scotia last winter as listed as paid in storks...

its double speakith..

I do not want to punder another end run for payla to cash out interest and increase his share holdings - on a mine !  that is just now beginning to produce...

sumitt is  over in reno !   whats up wi that little lender !

Payla - cannot get another ramp down attempting to convert stok for debt on the - whatts left equity...

we are not going to get a whopping jumer on a couple tons of ore headed to china for processing...

read the dammmmned AFS..  the mine has a combined liability of 850M$ read pages 8 -10...

them july warrants are getting 6 loaded into the cylinder as we creep-e-electrons !  NCI can Bad Debt the entire Unit Issuance - redeme the stoks and place bak into their uncirculated - but count on it as sold = NOT!
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