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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 > I like the board changes
View:
Post by imoright on Aug 26, 2022 6:50am

I like the board changes

Board Strengthening

In conjunction with the restart financing package, the board of directors of the Company (the “Board”) will be strengthened in a number of areas, including:

  • Chief Executive Officer Randy Buffington will join the Board as a director; and
  • Both Triple Flag and Mercuria will each have the right to nominate a director and to have a representative on the Technical Committee of the Board.
Comment by nofluff on Aug 26, 2022 10:07am
Market sure likes it. There will be about 40% equity dilution on this deal, however, the the cash more than makes up asset value. 40% is about what I added over the last months inspite mm and patches con speeches.  Real cheap yet. nf
Comment by mckayk3 on Aug 26, 2022 10:34am
I only saw 40M shares .. which is about 9% dilution?
Comment by nofluff on Aug 26, 2022 11:15am
I saw 40 million u.s. dollars mac. But i am often wrong:)) A good ncu day though, whatever. nf