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)