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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 > Let's start imagining a different scenario >>>
View:
Post by Notgnu on Mar 22, 2021 3:39pm

Let's start imagining a different scenario >>>

Let's say we are running at 50% capacity and a 2% average ore grade instead, so:
  • 2500 tons per day X 30 days / month X 2000 pounds per ton = 3 million pounds
  • 715,000 pounds for the hedged amount earns about $750,000 cash-flow
  • 2,285,000 pounds at say $2.20 profit = about $5,000,000 profit per month
  • Total would = $5,750,000 per month profit or $69,000,000 anualized / 2 billion shares = 3 cents per share profit already.
  • add the open pit value and the value of getting to full production soon thus again $0.50 to $1.00 per share soon enough
Cheers,
Notgnu
Comment by slewfoot2 on Mar 22, 2021 6:44pm
This post has been removed in accordance with Community Policy
Comment by Notgnu on Mar 22, 2021 8:01pm
Yah.. nice one, droll troll. N.
Comment by slewfoot2 on Mar 22, 2021 8:32pm
This post has been removed in accordance with Community Policy
Comment by ZouZS3 on Mar 22, 2021 9:23pm
I think you're confused lol
Comment by slewfoot2 on Mar 22, 2021 9:53pm
This post has been removed in accordance with Community Policy
Comment by ZouZS3 on Mar 22, 2021 10:21pm
What makes you think that all of a sudden? You got nothing to back it up, you just posted a post where SNGU8k was thanking notgnu and others
Comment by slewfoot2 on Mar 22, 2021 11:11pm
This post has been removed in accordance with Community Policy
Comment by bogfit on Mar 22, 2021 9:19pm
No, let's not! You say, you're not in love with this stock, yet spend all day dreaming about when you will get together.  Jeez!   I take it back, you're not in love, you're obsessed.  There is only one set of numbers that mean a Goddamned thing, those in the next financial report. b.
Comment by patchh on Mar 23, 2021 6:19am
think of this mine as a turnpike in chicago....  Spring Construction "!"!"
Comment by patchh on Mar 23, 2021 6:12am
Reuters has it @ 1 centavos on 3-21-2021...  the carry trade, interest - is a few pennies short of [-]900%.. the other item that lingers is the Vent Fans !  is that  mine pulling water ? think HVAC...  i.e. large medical center in chicago - lots of lake humidity in the summer..  --> @ nite the center will Chill Air on the Top Floors.. and then dump (air) in the early ...more  
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