Nevada Copper Corp NEVDQ

Where are the volumes

[Newstock44]

Is everyone holding or no one buying. Or the same person selling and buying at these Low SP. My math says that 2600x2200x.02x $2.25x365 days .8(Exchange) $120 million or $10 million a month. Anyone else have any other math or are we just on this board to throw out our frustrations. All good better than a slap on the face in public. Cheers Go Tiger NS

[westcoast1000]

Newstock, Your math makes good sense. We need to wait until the world's copper investors believe we are producing and we have quarterly reports showing we have $10 million per month of free cash flow. Your assumptions make sense if we think they are quoting daily production in tonnes, not tons, we average 2600 tonnes per day, and that we are netting $2.25 a pound over all in costs. I guess

[nofluff]

So q1 results should b out in a couple weeks with fan news and current production as well as q2 guidance. I would buyvtoday as well. But over budget already. nf

[westcoast1000]

Newstock's numbers, which I noted below seem reasonable, suggest that when we get to 5000 tpd,  now planned for sometime in q 3 iIIRC, we will be close to $20 million FCF per month, or $240 million per year.  That should put us in the good books of bankers, major miners, or others who would want to fund the open pit.

[nofluff]

some more numbers. 3000 feet a q is a lot of low grade and waste rock to hoist. Once mill is at 5000 tpd, low geade can b stockpiled for rainy days. Development laterals will slow to 1500 tpd leaving 5000 tpd hg to b hoisted and milled. The fans will allow 6500 tpd to b hoisted total. So 5000 tpd at 20 ppt equals 100 thousand ppd times 6 cad for 600 thousand dollars per day. That is close to 240

[patchh]

nobody is going to fund that money laundry opps !  let me kno when slimeway post their 30M$ for them shares of NCI...