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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... see more

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Nevada Copper Corp > $0.17 @ $3.60 copper vs $0.19 at $4.30 copper

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Post by Notgnu on Apr 25, 2021 10:47pm

$0.17 @ $3.60 copper vs $0.19 at $4.30 copper

Mid January NCU was about $20 million lower market cap than today.

Copper has increased over $0.70 per pound. Before the end of the year we will be producing about 65,000,000 pounds per year copper

65 million X $0.70 X (a low) 5 X multiple = $227 million, divided by 1.8 billion shares out is almost $.13 per share USD and that = $0.16 CAD for the underground only.

Added together we should be easily at $0.33 CAD today plus a few cents for the open pit asset value for a minimum share price of $0.36 today IMO.

On top of that, the January price was already $0.10 too low IMO but.... so be it

IMO this will all start to adjust over these coming weeks and all will be well.

DYODD

Cheers,
Notgnu

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Comment by patchh on Apr 25, 2021 11:24pm

adjust over the coming weeks my arseee ! the hores w their rents-A-tents' are headed to the forrest for a little indepth nature loving... K i don't read english very well... i missed the part about brownfield mining @ 47.. they are making money... that other trak that is claimed by BobCat (tracked in the sno - hopefully); is more brownfield.. ? toss in some counter ...more

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