Nevada Copper Corp NEVDQ

Another 52 Week High for Copper

[quinlash]

Almost a weekly occurrence now, more spot price highs.  The narrative for positive trends on the future for copper appears to be getting easier and easier to see.

IMHO NCU should look to secure a long term supply agreement for the sale of their ore in order to get the remaining funds needed to bring the mine fully into nameplate production levels 


https://www.marketwatch.com/investing/future/hg00

[cnynman]

Is it possible that NCU is not confident of meeting the terms of such an agreement? What 'long term' production numbers do you think they could meet, realistically and contractually? I'm not talking about 'pie in the sky' full nameplate production ala Fluff, but what do you honestly believe the current operators would be comfortable with in a binding contract? I really don

[quinlash]

If the above ground crusher was online to compliment the underground crusher then their output goes up.  The amount of ore that could be commited to a supply agreement and how much would need to be sold at spot price levels would need to be reviewed by NCU itself.  The calculation would need to balance the short term benefit along with long term value to the investors of the mine.

[quinlash]

Switch that around u/g to compliment a/g They need the 2nd crusher for nameplate levels 

[nofluff]

It is about math.   No one has said how much above crusher can handle?  I just know that if it handles 3000 tpd then they should b able to do 30 pounds per ton at current dynamics. So that is 3000×30×90× 7= 54 million cad for 20 million over c1.  That covers all capex of smd, paste plant piping and UG crusher electric.  Even if that was low. R u going to

[bogfit]

"It is about math." Never a fan of numerology I have found that the more precise a calculation, the more likely it varies from the actual result.    There are forces in motion today that will change how everyone evaluates a domestic copper producer, or more importantly the billions of pounds in reserves here in North America that can be mined economically with present

[Arminius]

If only it were true.., P.S. When did Ukraine become a problem for Western Civ? When Victoria Nuland & Company in the US State Department decided to make it a problem in 2014. Before that, going back into the mists of history, Ukraine was not a problem. It was a rather poor frontier province of Russia, and for a while was badly mistreated by Stalin, but it was not a problem outside of

[nofluff]

I do not think that necessary quin.   With copper price, lots of cash coming in. There is a trillion in short loss at this point. That will get much larger as they try to cover. Govs. Will have to step in and loan cash to cover. Hard to believe anyone in the copper business would need rescuing. Greed does that. Happy guessing:)) Nf

[quinlash]

They are not at nameplate yet, some investors are likely waiting for this milestone to be secured prior to adding to their positions.  Pala could come through with the resources needed to make this happen however their safest move would be to have multiple pathways to success by at least exploring a supply agreement in the event that Pala can't provide everything needed.  It's