Nevada Copper Corp NEVDQ

Purpose

[JayGriff]

"Pala is participating in the transactions for investment purposes and may increase or decrease the investment in the securities of the Company depending on its evaluation of the business, prospects and financial condition of the Company, the market for the Company's securities, general economic and tax conditions and other factors."

If they have increased their investment by 17% in last 8 months, they must know something we (the retail with non-insider info) don't lol.

[JayGriff]

Who here also increased their investment by 17%? lol I'm asking the question to the crawlers and spiderbots since most people on here are too lazy to respond.

[quinlash]

I increased my position however I am not in the habit of disclosing the size of my trades. Looking forward to the mine going into full production GLTA Q

[JayGriff]

Nice brother, I hope you make so much money that a portion of your gains can be donated to a charity or foundation that you like. Same for anyone else on here. With love.

[quinlash]

I am actually planning on that, ironic you mention it.

[bogfit]

"If they have increased their investment by 17% in last 8 months? Did they?  I haven’t tried to figure out their financing for a few years now, so I’m not being facetious when I ask how they did this … by adding more debt?   b.

[JayGriff]

"Pala (including securities held by Pala Assets Holdings Limited, an affiliate of Pala) holds (i) an aggregate of 821,521,375 Common Shares, representing approximately 61.12% of the issued and outstanding Common Shares on a non-diluted basis and 54,221,357 (the "Pala Warrants"), which is an increase of 17.67% in Pala's securityholding percentage on a non-diluted basis with

[bogfit]

"The Exercise Price will be satisfied by the retirement of approximately US$67.4 million (using an exchange rate of C$1.3571 = US$1.00) of indebtedness owing by the Issuer to Pala ..."   What does " Exercise Price will be satisfied" mean?  Forgiven?  You're good at numbers, what was the cost per share for the loss of US$67.4 million in receivables?  If

[JayGriff]

Please refer to the link below for  further information Pala is expected to consolidate approximately US$76.5 million of the indebtedness currently owing to Pala by the Company into the Pala Debt Instrument. The Pala Debt Instrument will not be convertible into Shares. The loans outstanding to be consolidated into the Pala Debt Instrument would include (i) the total of approximately US$52

[bogfit]

Okay, could you translate that into English? b.

[JayGriff]

Retirement of all currently outstanding Pala debt under its credit facility with the Company via exercise of warrants held by Pala

[bogfit]

I thought one said that $67M was "satisfied", and then it's "retireing" $20M?  Which is right?  Neither one? b.

[JayGriff]

Each warrant that Pala received had a strike price of 0.2592 CAD per share. 352,723,212 warrants were exercised for 1 share each 352,723,212 shares x .2592 CAD Total of forgiven debt converted into CAD: $91,425,856 about (US$67.4 million (using an exchange rate of C$1.3571 = US$1.00) The info below from May 9, 2023 Press Release can be confirmed with public relations to determine the

[quinlash]

Very nice, thanks for posting.

[bogfit]

Okay, I read that, but the page on their site you referred said,   "Equity Investments (US$40 million): Pala Investments Limited (“Pala”) is expected to fund its equity investment by the cancellation of US$20 million in short-term debt as opposed to US$13.5 million in short-term debt and US$6.5 million in cash."   Now this is where I get confused.  For a simple old desert

[JayGriff]

I understand what you mean by the convoluted numbers. It's difficult to follow for sure. And possibly purposely done to make some retail investors walk away or not buy the shares. As for Nevada Copper being a mine to bet on, it's more the people currently in control of Nevada who I am not so sure about. If a new owner or controlling party comes in, the mine can be totally reshaped for the

[patchh]

this may B good & probably not a bad thing...  simply Jersey RUles i force here..  TAKE WHAT U CAN GET mostly it looks 2B Takeing the naked poor little things/them

[patchh]

that 400M is a large blak hole in the mind brain...  that could accelerate into an excess of a billion dineros..  typical payla - continuiums of ether...  and yes i read this as a hammer cocked.. safe 2 say they will not bite w the krauts @ KiWi again.. what i saw last week was Palladin Cap Group on the TMS wiggling...   Paladin is where i think Castlerok parked their

[bogfit]

Did you know there is a whole industry that employs people just to make up that stuff?  For myself, if I can’t figure out a company's financing, I don't buy.   b.