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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 westcoast1000on Jan 27, 2023 3:30pm
459 Views
Post# 35250924

SWS fair value estimate for NCU

SWS fair value estimate for NCUI subscribe to Simply Wall St but have not looked at the NCU discussion there for some time.

They have had a wildly varying estimate of the "Fair Value" of NCU over the last few years.

The current analysis they do shows an estimate of fair value for the share price of 8.28 US based on a 10 year discounted cash flow analysis. This excludes anything beyond 10 years

They show their data and all assumptions via a button next to this estimate.

The data are based on cash flow estimates based on one publically available analyst estimate of future cash flows. The annual cash flows are shown below (all mushed together unfortunately):

202336.02Analyst x132.182024118.06Analyst x194.232025199.46Est @ 68.94%142.222026296.73Est @ 48.77%189.022027399.53Est @ 34.64%227.372028498.44Est @ 24.76%253.422029587.35Est @ 17.84%266.792030663.66Est @ 12.99%269.312031727.39Est @ 9.60%263.72032779.97Est @ 7.23%252.62Present value of next 10 years cash flows$1,990.86


I presume this includes the OP mine starting up about 2027. How the OP is financed is not discussed nor future dilution in the number of shares. 

Take this FWIW. I make no claims about its merits. But I find it appealing. 
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