Nevada Copper Corp NEVDQ

Odds of the warrants being repriced lower >>>

[Notgnu]

Any guesses as to the odds of the warrants being re-priced lower before the EOY?

I give it a 25% chance of a re-price to 16 cents thus allowing an efective capital raise that still brings in over $50 million to the company.

N

[patchh]

wts are n trouble...  10 -2- 15 cents...  july will hav a llttle leg room... 40 is 7 to 12 on the US ADR..  think they were issued around  35 / jan 2022...  we need a 4k on the milling  Q2... ahw - wts hav always been fuzzy and close combat last couple weeks befor ex date - where the wts will run the stoks forward... otw - not much activity on the jan's 

[patchh]

re-price..  thats a finny instrument..  i don't think they can fiddle w the issue price.. i think they can B called early..  ?? when i heard the NCI Stok reversal data/dada""..  there was some noise about reversal of the wts  ?? the wts are a structured deravitive  !  WSIWG ! depending where U are @ w the average..  simply going to hav 2

[Notgnu]

Nope... requires application and approval by the TSX but theyCAN be re-priced. N

[Notgnu]

Here is the application form: https://www.tsx.com/resource/en/471

[patchh]

thats what I am gettin @...  its a registered security & NCI will hav to go thru the hoops to re-mark ! the other thing !   NCI has ben hit w low volume and sharks.. today the book trader is loaded up w 10M NCI Shares just abut even B/S.. i am not happy w this puunding - but the pro's who run these ladder shorts hae large volumes of cash. a blok trade today of 3M NCI'

[Notgnu]

Counter narrative is lower the warrant price and Pala / Castle Lake get another 250 million plus shares without much muss R fuss. Company get capital and even with some more delays the copper comes bubling up wit da hard hats. N

[patchh]

U know more about this than myself ! presently, i don't think they giv much hoot abut restructuring w the TSX.. the other THING is tampering w warrant prices will squash the market to the unwashed; it will appear as a dilution.. i hold a small chunk of the wts..  i also have a small nest of Storks - got a few more eggs the last time the wts went up; i sold !! i am not goin  to

[Notgnu]

If they lower the warrant conversion price it does imply a small amount of dilution but IMO it is better than a financing. The best is of course just using the credit lines until the mine is producing at scale. It will get there plus minus a few weeks. Glad your average is working out for you. I best tell everyone I have lost every penny of mommas money lest i get ALLCAPS spewing all over again

[patchh]

sit tite...  the Vega on the J 22 wts is at the upper end of the pendelum..  praying on a red carpet facing the east ---- not --- in the NCI interest... the wts will collect ground..  they ahv 160 days v/s 30 on a hair cutt... i don't oplan to do Iota until oct w the J22's..  if they gain - i hold..  if they stall - then i sell anf buy more July22.. otw - '