 How are you doing? I'm your host Rich. Here we have a Rich TV Live with our very special guest, Vince Saracci, the CEO of Kucho Copper. How are 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 and our community is always looking for early stage undervalued, underappreciated, underexposed copper plays. And my first question for you is that Kucho Copper Corp 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 I think the highlights and what everybody really cares about with your audience 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. As everyone sees in our feasibility study results, at base case metal prices, so at 350 Copper and $1.15 Zinc, we're showing an after-tax MPV of just over $460 million and a 25% IRR. I will add to this that long-term analysts, consensus pricing right now are at $4 Copper. So you'll see also when we put some metrics in there that at $4 Copper and with all other metal prices being at base case, we're showing over a $600 million MPV on the project and a 30% IRR. And if you think Copper is going to $5, we've added that in there for you to see as well. The MPV would be over $900 million. At current spot metal prices, we're showing an MPV of over $900 million 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 based on what's called the price-to-net asset value ratio or P&NAP ratio. And currently an average P&NAP ratio in companies like Kucho in this stage in the business, in the industry, and you can see we have comps in our new presentation on our website, is around a 0.5 P&NAP. So you simply take the value of the project, the MPV that we just discussed, multiply it by a 0.5 and then work out a market cap share price. In Kucho's case, we have approximately 100 million shares outstanding. So at $1 a share, we have a market cap of $100 million. At a 0.5 P&NAP, based on something between say $460 and $600 million that we just discussed, this would imply a share price ranging somewhere between $2.30 and $3 per share. Now, I want to remind everyone I simplify this and there are a lot of other variables that can apply, but it's definitely a quick and general rule of thumb and what other companies are achieving in the market today. Everyone can go read and see our press release for a full complement of metrics around the feasibility study and the project. And just to add to that, we just received our first IROC dealer analyst coverage from Red Cloud Securities. They already have, and this is pre-feasibility numbers, put a price target on us at $1.90 a share and which I think should get re-rated after the feasibility study numbers here. But let's see, anyone can go get subscribed to Red Cloud's website and get a copy of this full report and see how they value us. Vince, how have surging copper prices and growing demand for copper benefited Kucho? That's all the numbers I expressed above. So this asset has fantastic leverage to copper prices. You see, we attained an increase of over $140 million from $350 to $4 copper 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 are already through the first part of this process, which we did about 18 months ago and before we paused. So now we're moving full steam ahead again. We recently pressed release that we're moving ahead with our First Nation partners to negotiate economic participation agreements. 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 Kucho have a timeline and plan for identifying and growing this existing resource? Definitely. We've been working on that for a bit here. We're currently planning on a very big exploration program for 2022. We've identified multiple areas of potential, including targets directly beside and around the current resources we already have. 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 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 the mine beyond 11 years through further expansion? There's a great chance for this. 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 mine 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. We also have a fantastic permitting team to guide us through the next leg of our journey, and of course a 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? I think there are still a number of exciting events to come that can impact the value of this company. This will obviously include our exploration potential to make the project bigger and potentially more valuable and extend mine life that we just discussed. But as important with this feasibility study complete, we have now significantly de-risked this project. I believe it opens the door to things like strategic and corporate opportunities such as M&A potential. I think 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 to production. We've got investors from all over the world that are going to see this interview that are going to be interested potentially in 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 Kucho Copper? First and foremost, go to our website. We've got a new corporate presentation with all of this information about feasibility study and opportunities with the company. So go take a look at that. And then there's ways on that website 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 DV Live is strictly for information and education purposes. Please do your due diligence, do your research before you invest in anything we talk about or discuss here on Rich DV Live. In saying that, we love Kucho Copper here at Rich DV Live. We think it's undervalued, underappreciated, underexposed. And thank you for joining us today, the CEO of Kucho Copper Corp, Vince Serracci. 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.