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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 westcoast1000on Mar 21, 2023 3:08pm
164 Views
Post# 35351910

RE:RE:Follow-up

RE:RE:Follow-upThanks for your recent posts Jay.

For me, I am pleased they continue with the OP PFS and exploration on their lands.

I am also concerned they are saying they need more money to get to cash flow. If they achieve 5000 tpd by year end, that should be cash flow positive by a long way, and allow them to start building capital and begin payments on the kfw loan when they payments begin.

So it is the additional engineering and construction funding they need to get to cash flow positive that matters.


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