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Bullboard - Stock Discussion Forum 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... see more

GREY:NEVDQ - Post Discussion

Nevada Copper Corp > Open pit economics at $3.66 copper
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Post by Notgnu on Jan 14, 2021 12:59pm

Open pit economics at $3.66 copper

The open pit NAV increases by $0.007 per $0.01 copper price.

Today's copper increase (by that metric) just added $0.03 to our share price.

You can work this out easily yourself in reference to page 14 of the corporate presentation:

https://nevadacopper.com/site/assets/files/4202/2020-12-16-cp-rev-ncu.pdf

Cheers,
Notgnu (NCU, NWHM, TOT)
Comment by Notgnu on Jan 14, 2021 1:35pm
Here is the math: Take the 7.5% discounted Net Present Value (not NAV... that was a mis-type) and subtract the difference in price between any two of the listed examples (like $1,178,000,000 at $3.50 copper, minus $594,000,000 at $3.00 copper and get $584,000,000) Take the $584,000,000 difference and divide it by 50 cents difference and get $11,680,000 per 1 cent. Take the $11,680,000 and ...more  
Comment by patchh on Jan 14, 2021 11:07pm
Tom Albanese, Franco Nevada is the 4th ?  i own a couple shared for the dividend..  Franco is a Streamer.. thats about as hight as U can go - way past speculations Tom Albanese, Lead Independent Director§Currently a director of Franco Nevada§Previously CEO of Rio Tinto plc and Vedanta Resources Limited§Previously served on the boards of Ivanhoe Mines Limited, Palabora ...more  
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