This is a screenshot from an old post (September 2018) by a former Nevada Copper Analyst (Sam Crittenden). He states that Nevada Copper represents an attractive takeover candidate and would be a flagship asset within a mid-tier producer. Note, in September 2018, copper was $2.62 USD / Lb and there were 661,933,584 shares outstanding (pre- 10:1) stock split.
The source of the article is below the image and I'm simply sharing this for any shareholder in NCU who may need that extra boost of positivity and remain faithful in a positive outcome. Remember... In June 2023, Pala converted 64 million USD of debt to 354 million shares via the exercise of warrants (That's 25 cents per share). They had until 2026 to exercise those warrants, and this demonstrates to me, lots of confidence in the Pumpkin Hollow asset.
Keep strong and keep the faith. If Nevada Copper's MC was evaluated close to $700,000,000 CAD back in September 2018, imagine what the bids are coming in at today, with $4.00 + / lb of copper and more demand for copper. Don’t let the floor bid discourage you – Insiders with shares know the true worth of the Pumpkin Hollow asset. They will want lots of money for those as well.
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Source - Globe and Mail Article