Nevada Copper Corp NEVDQ

5-17-2024 insider sell activity

[patchh]

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Recent BUY Activity

Name	Share Change	Value Change
Pala Investments, Ltd.	412,671,911	28,771,342.85
Mercuria Energy Holdings Singapore Pte Ltd	10,013,991	698,171.99
Manulife Investment Management (North America) Limited	0	0.00
Wellington Management Company, LLP	0	0.00
Rothschild & Co Asset Management Europe SCS	0	0.00

Recent SELL Activity

Name	Share Change	Value Change
Buffington (Randy Earl)	426,289	29,720.72
Nutter (George Ernest)	370,370	25,822.07
Dimensional Fund Advisors, Ltd.	2,450	180.97
Dimensional Fund Advisors, L.P.	2,300	205.45
Manulife Investment Management (North America) Limited	0	0.00

Investor Type Breakdown

 

Category	# Investors	Own %	Shares	Value
Corporation	2	78.90	1,127,862,029	78,634,150.42
Individual Investor	8	0.1172	1,676,909	125,233.01
Investment Advisor	2	0.0502	716,550	31,670.72
Investment Advisor/Hedge Fund	1	0.0186	265,550	23,720.41

Pala Investments, Ltd.	61.66	881,470,074	412,671,911	2024-05-17	LOW
Mercuria Energy Holdings Singapore Pte Ltd	17.24	246,391,955	10,013,991	2024-05-17
Rothschild & Co Asset Management Europe SCS	0.0490	700,000	0	2024-02-29	LOW
Iorich (Evgenij)	0.0336	480,000	0	2024-05-17
Albanese (Tom)	0.0241	345,000	0	2024-05-17	LOW
Wellington Management Company, LLP	0.0186	265,550	0	2024-01-31	LOW
Gill (Stephen)	0.0178	255,030	0	2024-05-17
Nutter (George Ernest)	0.0140	200,000	-370,370	2024-05-17	HIGH
Buffington (Randy Earl)	0.0140	200,000	-426,289	2024-05-17
Martin (Gregory John)	0.0061	86,998	86,998	2023-07-10

[mckayk3]

that's very interesting to see Pala doubling down. Makes me rethink the situation. I wonder why Pala isn't just bankrolling this via unsecured loans? 

[nofluff]

I am guessing Pala is out of money. The new lender gets 1rst lock on security. This is very good for all. Pala and friends got the mine to a point of understanding, to bring in new money to quickly ramp to name plate. Hopefully, copper gets to 10.00 quick. Nf

[patchh]

Noooo!   Controllinng Interest...  screams of Lorich on a short list of Sanctions from the Donbass Days. U don't know ! look @ that list of attorneys..  thats a 10-20M$ legal expense rite now _ got nothing - nada ! that Potlatch Potash mine he owns up in Pocatello Idaho is moving 20 or 25 rails cars a day.. when U get sanctioned by the USG...  thats all buizz

[RoyKerr]

where did you get this info?

[patchh]

on the dash above U on SH..  hit ownership or insider - set dates

[RoyKerr]

cheers.

[quinlash]

Not seeing any activity for 2024, there are tranactions from 2023. News of the new backer coming out may just be what this mine needs to get fully online. Not seeing the value of looking too slowly at insider tranactions now considering things just changed this week.

[nofluff]

I think u r on track Quin. Pala and friends put about 50 million in on loan unsecured. However I believe they do have an option to convert. If something should happen that mine did fail Elliot gets paid 1rst.  With there triple flag loan Elliot probably will have 100 million invested now.   That is about as risk free as lending becomes. There r mines in Africa with way worse water

[Sclarda2]

So bankruptcy is the the best thing ever to happen to NCU hey Fluffy? Poor old delusional Fluffster. At least he still has his Potato farm. 

[metalhead666]

Eff eye bie at zero itel bee infanite baggz...NF

[KentWilkens]

Not saying your wrong, but explain the director resignations congruent with chapter 11? Yes, close to finished, or determined that mine is not workable with current management, issues, etc  Not the first time this has happened. Sometines mines just dont work economically. The 60m popping in immediately begs many questions. Some rosy, some not.

[patchh]

starting to  like look Vlad is begging

[mckayk3]

Resignations are not resignations, its a leadership sacking.  Consider how fustrating it is to raise capital not once but twice to restart the mine and only later realize its not enough. New leadership is a given.

[nofluff]

This is now in the hands of a corp close to a Barrick or Goldcorp size. With lien holders all on side, courts will have little administration to do. Dip loans usually work out for all. Nf

[Stb888]

And/or to avoid a conflict of interest since Pala is both a (major) shareholder and a creditor

[nofluff]

We will know more shortly. If mine was uneconomical, Elliot, who has been invested through tf, and knows the mine details, would certainly not have antied up 60 million.  Explaining the resignations seams easy. Pala have up control to tf. So far 4 or 5 Pala Merc directors have left. That would have been part of the structure change.Pala still has people on the board, which is appropriate

[patchh]

3rd dashtoggle opper rite - third..  OWNERSHIP.. 5-17-2024 Pala Investments, Ltd. 61.66 881,470,074 412,671,911 2024-05-17 LOW Mercuria Energy Holdings Singapore Pte Ltd

[patchh]

see BUFF.. his salary war performance based and not salary..  looks like he kept 200K the ownership is under thestok search