GREY:NEVDQ - Post by User
Post by
nofluffon Jul 27, 2022 11:53am
229 Views
Post# 34853902
the good news
the good newsNcu up 33% in a couple weeks and trading tiny volume up there. So 100% of sh are very optimistic. Why?
1. Copper making recovery.
2. Loan in place.
3. Open pit reserve expansion showing great grade and volume.
4. Dyke drift completed.
6. Rich sugar cube mixed with development ore at 1% headgrade.
7. 4000 ton per day process guidance for second half.
8. Lion rio new extraction technique to be tested on ph.
9. 4000 ton times 20 pounds copper = 80 thousand pounds times 5.00 cad equals 400 thousand cad per day for 200 thousand ebitda per day or 18 million ebita per q or 50 million per year.
10. 50 million times 10 is 500 million for 1.00 cad per share.
11. Open pit economic assesment. Possible .50 per ehare add.
12. Tedyboy reserve update, .50 per share more.
13. Copper, 10.00 cad, 5.00 s.p. plus 2.00 for 7.00 target.
Nf