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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.


GREY:NEVDQ - Post by User

Nevada Copper Corp > 735 million USD + for financing and construction to date
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Post by JayGriffon Sep 14, 2023 9:55am
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Post# 35635750

735 million USD + for financing and construction to date

735 million USD + for financing and construction to date4 years ago, Kfw bank stated on a May 2019 press release that the historical construction of the mine exceeds 370 million USD. Off the top of my head, July 2020 offering ($97 million CAD), Jan 2021 offering ($21.5 million CAD), Nov. 2021 offering ($125 million CAD), October 2022 restart package ($123 million USD), Pala and Mercuria exercise of warrants in May 2023 ($18,623,000 CAD), May 2023 offering $36,079,000 CAD (Pala, Mercuria and Ernest N.: contribution). This does not include backstops and KFW loans) Total approx in USD: 365 million plus aforementioned 370 million stated by KFW bank.... drum role....: more than 735 million USD in the construction / financing alone... but this does not include loans and backstops.

KFW PRESS RELEASE

https://www.kfw-ipex-bank.de/Presse/News/Pressemitteilungsdetails_521536-2.html
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