Nevada Copper Corp NEVDQ

NGU = could you look at your calculations

[rockhound3]

To determine the approximate profit with a hoisting rate of 5000 tons per day, assuming 2% grade ensuring that you are using the current cost per pound processed and reflecting the various streaming deal and the 6% ( check the %) royalty.

my concern is that one might be using old assumed data which may be significantly different from reality!

Also was anyone able to sort out the 3rd quarter results  including the magical profit that was created with the change in the misunderstood  concept ( devised by IFRS and other creatures )meant to make financial statements more user friendly!!?

Once again the financial statements did identify NCU's problem = a lack of cash! Not sure if this problem is solved??

ROCK

[Robertis1]

The money problem is solved for now Rockhound.  Maybe in June another financing to significantly increase operations or something to that affect? we shall see but I believe the copper price will be our primary driver now, as long as you believe ncu has all that wonderful copper to extract.  I do  all in my opinion 

[patchh]

page 10 ....   2024 = CGU U R lookin @ the master disaster plan w the C19 and shokwave from 2019 when the losses piled on... look @ 2019 - water rites...  down thru permits...  thats when NCI crashed...  50M$ loss w a screaming halt..  the loss is carried for the next 5 to 7 years... otw - looks like NCI stopped processing ore sometime 2019 when water use was only

[RockDoc1]

The assumptions are not realistic.  We don't get paid for metal in the ground.  We get paid a net smelter return after all costs, including refining. Some problematic assumptions: Orebody Grade.  The orebody grade is not 2%.  The grade of the mining reserve is 1.85%.  Including the current resource estimate, the grade is 1.59%.  This is a 10% to 25

[my69z]

" This all results reduces the NotGNU revenue estimate in the order of 35% to 60%, not including the currently unknown mining cost" ----- the value of copper will continue to rise.

[patchh]

from page 10....  the mine clearly states these chrges are inflective goiing forward into 2024.. included is the cost of the Drain Well n 2019 for the tune of around 2.9M$..  them other charges for 144`` look like power consumption charges for pumps...

[nofluff]

As grade goes up, extraction percent goes up. As laterals get new headings, multiple stopes r mined. According to rock doc. Ncu should close the doors:)) nf

[RockDoc1]

Actually, I am long on NCU.  IMO, there is potential for NCU to be a good money maker if they can get 5000 tpd, starting probably in 2023.  But I am not a pumper.

[patchh]

Ur not Rok... look @ page 10 !!!  they hav an 850M$ Liability..  NCI has run soo much stock ovet the cliff it looks like a NYC Tiker Tape Parade.. they are @ the end of the line -4- bait N switch.. next stop past the stopsign is the twilight zone !  NIC goes Private - 3rd Party Invelstor comes in gets the paydays ahead.. ore sales and settlements are in 4 month cycles - thru the

[nofluff]

So u just think u know more than management. You should get your resume out there:)) nf

[patchh]

this isn't about managment... Payla has written a Insurance Re Bond -2- KiWi..  the payments payhas been making are for the 50 M$ liability.. the tribbles are monthly and payla is collecting in stoks.. this last Finny Pak was the same as the old one..  it simpley retired the Payla KiWi Re' and wrote a new one w a cash plate of 40M$. this is in plain english in the 2021 AFS

[patchh]

NF.  thats not whatts happening here..  Marketwatch still has not changet the public fload.. the volumes are aggregated big bank actions during the day - moving the 100M+ NCI Stoks into the public market place.. That TMX Board is the Gateway for the TSX and allows for dealers to script for services such as 'dark pool' -deep pool trades..  sidewinder imbalances - one tik

[patchh]

page 22  -  NCI contract for delivery to Concord was for 1,950 tons.. actually delivered was 945.. the NCI Mine incurred a penalty of Failure to Deliver (paid 4mts in advance) for 3.0M$$ from Page 10...  there is a Code 19 interval expense of ~~50M$..  below hthat its projected to clear the book sometime in2024..  45M$ went for drilling.. is that 45M$ inclusive to