Vince Sorace Ceo of Kutcho Copper (TSXV:KC) (OTCQX:KCCFF) ⚒Feasibility Study🎯RICH TV LIVE – November 11, 2021 – Kutcho Copper Corp. (TSXV: KC, OTCQX: KCCFF) (“Kutcho Copper” or the “Company”) is pleased to announce the results of the 2021 Feasibility Study (“FS” or “Feasibility Study”) for the development of the 100% owned Kutcho copper and zinc project (“the Kutcho project” or “the Project”) in northern British Columbia. #kutchocopper #copper #richtvlive #vincesorace #ceo #interview #business #news #finance #education #stocks #trading #pennystocks #kc #kccff #win #money
Hi how you doing i’m your host rich here we have a rich tv live with our very special guest vince sorachi the ceo of cucho copper how you doing today vince i’m doing great rich and happy to be back love having you on the show excited to learn more about the company our nora community is always looking for early stage undervalued underappreciated underexposed
Copper plays and my first question for you is that kucho coppercorp has reached a significant milestone with the release of the feasibility study of its high-grade copper zinc project in northern bc can you tell us a little bit about those results sure and um you know i think the highlights and what everybody really cares about um with your audience uh about
At this point would be probably the metrics around the value of the project and how that translates into the value of the company and ultimately the share price so why don’t we focus on a few of those sure um you know as everyone sees um in our in our feasibility study results um at base case metal prices so at 350 copper and a dollar fifteen zinc um we’re
Showing an after-tax npv of just over 460 million dollars and the 25 irr i will add to this that long-term analysts consensus pricing right now are at four box copper so you’ll see also when we put some metrics in there that at four dollars copper and with all other metal prices being a base case we’re showing over a 600 million dollar npv on the project and
A 30 irr and if you think copper is going to five bucks we’ve added that in there for you to see as well the npv would be over 900 million dollars you know at current spot metal prices uh we’re showing an mpv of over 900 million dollars as well all else being equal that’s a copper 450 and everything else where it is so what does this mean for the investors and
The potential share price and the most typical way people evaluate or evaluate companies like this is is based on what’s called the price the net asset value ratio or p nav ratio and currently an average p and f ratio in companies like cuchu in this stage in the business in the industry and you can see we have comps in our new presentation on our website um is
Around a point five feet in app so you simply take the value of the project the npv that we just discussed uh multiply it by a 0.5 and then work out a market cap share price in kujo’s case we have approximately 100 million shares outstanding so at one dollar a share we have a market cap of 100 million dollars at a point five p to nav based on something between
Say 460 and 600 million dollars that we just discussed this would imply a share price ranging somewhere between two dollars and 30 cents and three dollars per share now you know i want to remind everyone i simplified this and there are a lot of other variables that can apply but you know it’s definitely a quick and general rule of thumb and what other companies
Are achieving in the market today um everyone can go read and see our press release for full for a full complement of metrics around the feasibility study in the project and just to add to that you know we just received uh our first um iroc dealer analyst coverage from red cloud securities um they already have and this is pre-feasibility numbers uh put a price
Target on us at 1.90 a share and which i think you know should get re-rated after the feasibility study numbers here but let’s see you know anyone can go get uh subscribe to red cloud’s website and get a copy of this full report and uh and see how they value us vince how have surging copper prices and growing demand for copper benefited cucho that’s all the
Numbers i expressed above so you know this asset has fantastic leverage to copper prices you see we attained an increase of over 140 million dollars from 350 to 4 copper in itself and copper is currently trading around 450. so the higher the copper prices the more valuable we become very quickly what are the permitting milestones coming up next for kucho we
Are already moving through this process as a matter of fact we we are already through the first part of this process um which we did about 18 months ago before we paused so you know now we’re moving full steam ahead again we recently press release that we’re moving ahead with our first nation partners to negotiate economic participation agreements uh this is
A very important step in the permitting process and expresses the desire of all parties to move this project forward through the permitting process i have high expectations we have a clear and defined path to get through this process efficiently and does cucho have a timeline and plan for identifying and growing this existing resource definitely we’ve been
Working on that for uh for a bit here we’re we’re currently planning on a very big exploration program for 2022. you know we’ve identified multiple areas of potential including targets directly beside and around the current resources we already have um that gives us the potential to make this bigger and better very quickly and of course pure exploration targets
Elsewhere in the property where we have similar mineralization that hosts the hosts the existing deposits and have never seen follow-up exploration since 1990 that’s all blue sky potential for us wow does the company expect to extend the life of mine of the mine beyond 11 years through further expansion there’s a great chance for this um remember the feasibility
Study is based on two out of three of our resource lenses that comprise our deposit to be mined the third lens called sumac is close to 10 million tons grading at almost one and a half percent copper equivalent and isn’t in this mine plan or the feasibility study numbers that is a huge opportunity it’s low-hanging fruit and we intend on working on that in 2022
As well to bring in those resources and again into something that could become extended my life we love copper at these levels we feel like it’s very valuable especially for the electrification of vehicles going into 2030 with so many countries have so many mandates on electric vehicles really taking over and copper being a very key element in that now your
Team is filled with industry veterans with plenty of experience raising capital how has this helped accelerate the company’s progress instrumentally we have an excellent technical team both geologically and on the engineering side that have had a very big influence on the success of this project so far um we also have a fantastic permitting team to guide us
To the next leg of our journey and of course a great great experience and oversight with our board of directors what other opportunities do you see available to the company now given this feasibility study is complete you know i think there are there are still a number of exciting events to come that can impact the value of this company um you know this will
Obviously include our exploration potential to make the project bigger and potentially more valuable and extend line like that we just discussed but as important with this feasibility study complete we have now significantly de-risked this project and i believe it opens the door to things like strategic and corporate opportunities such as m a potential you know
I think this is a this will be a very sought after asset in an environment where it is very difficult to find quality copper projects on a clear path through permitting and production we’ve got investors from all over the world that are going to see this interview that are going to be interested potentially and investing some probably have already invested in
The company and they may have some questions what is the best way for them to get in contact with you if they’d like to learn more about cucho copper you know first and foremost go to our website um we’ve got a new corporate presentation with all of this information um about the feasibility study and opportunities with the company so go take a look at that um
And then there’s um there’s ways on that website to uh to contact us if anybody has additional questions around anything vince thank you so much for joining us today i must remind everyone who is watching that rich tv live is strictly for information and educational purposes please do your due diligence do your research before you invest in anything we talk
About or discuss here on rich tv live in saying that we love copper we love cucho copper here at rich tv live we think it’s undervalued under appreciated underexposed and thank you for joining us today the ceo of cucho copper corp vince serraci thanks rich always a pleasure if you’re not winning you’re probably not watching we bring in the winners and we bring
Them to you first thank you for watching everybody thank you vince for joining us and have a nice day you
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Vince Sorace Ceo of Kutcho Copper (TSXV:KC) (OTCQX:KCCFF) ⚒Feasibility Study🎯RICH TV LIVE By RICH TV LIVE
