Investor Presentaiton
Valuation Catalysts and Anticipated Timeline (Continued)
CATALYST
PRELIMINARY
ECONOMIC
ASSESSMENT (PEA)
Time to Accomplish
Current Status
When
Budget
NA
NA
ORE SORTING
STUDY
6 Months
September 2023
$750K
Net Present Value
$356 million (base case)
Significant increase expected
to Current PEA Value (1)
% of NPV to Equity Value
10%(2)
10%(2)
UPLIST TO SENIOR NATIONAL
EXCHANGE + SECONDARY
OFFERING
18 months from OTC Merger
June 2024
Company will be raising
approximately $10M
PRELIMINARY
FEASIBILITY STUDY (PFS)
2 Years from Uplisting
June 2026
$30M
Significant Increase to Updated
PEA value expected
20%(3)
1.
The preliminary economic assessment is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is
no certainty that the PEA will be realized.
2.
3.
Ten percent of the NPV of a Preliminary Economic Assessment is a generally accepted metric in the industry for the equity value of a mining project
Twenty percent of the NPV of a Preliminary Feasibility Study is a generally accepted metric in the industry for the equity value of a mining project
•
18 Months from January 2023, the Company will start the process of uplisting to a Senior U.S. Exchange (either the NYSE American or the NASDAQ).
The Company intends to raise $10M in new equity capital.
IDAHO
© 2023 Idaho Copper Corp. All rights reserved.
22View entire presentation