Bullboard - Stock Discussion Forum Nevada Copper Corp NEVDQ

Metals & Mining Copper

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

Add To Watchlist

GREY:NEVDQ - Post Discussion

Nevada Copper Corp > Disbursement of 62 million USD

View:

Post by italianoMumBO on Oct 19, 2024 8:48am

Disbursement of 62 million USD

The UG represents such an insignificant portion of the PH land package. Makes perfect sense to start with this and use all the "set backs" as a quest for ownership acquisition pennies on the dollar via offerings and exchanging debt for equity...

So... with about 60-62 million USD left over from the 128 million transaction, any one here understand how this gets disbursed to "creditors" with the massive debt load below?

Unsecured debt: 182 million approx
Secured debt: 301 million approx

Anyone here also know.why Randy and Nutter had the exact same number of shares purchased in mid 2023, revoked in May 2024? Selling the exact same number of shares bought 1 year prior and not disclosing that via SEDI filings? Check out the link below or tab :)

https://stockhouse.com/companies/ownership?symbol=nevdq