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.

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Nevada Copper Corp > Future bids

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Post by nofluffon Sep 11, 2024 10:57am

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Post# 36218497

Future bids

Of course there can be a future bid. The announcement clearly stated that the deal with sh will be done mid Oct. However, that is not a deadline. It stated that it may take longer or not even happen at all.

The bidders at auction probably did not like the rush to decide. They now all have the data to crunch over the next while. Sh does not want the mine. They want the break fees from sale. If the sh sale happened, dip loan and court fees would leave the Germans development bank well short of investment. Everyone else with 0.

If it is just the Russian connection issue, then Pala has to somehow get out completely.

Nf

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