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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Post by Happypappyon Nov 14, 2018 11:56am
56 Views
Post# 28972878

Remember others adversity is your opportunity

Remember others adversity is your opportunity Lots of fat cats backing up the brinks truck to get in at this price. Are you the one who sold on fear? Look at these numbers 3Q18 3 Month Performance - SH Equity ER p5: 2Q18 C$(1.148M) -> 3Q18 C$12.573M - Performance added $13.721M equity value from a BK negative. - C$44.84M total liabilities removed 2Q18 -> 3Q18. Less BH sale C$6.47M TL removed. - C$10.456M debt payed, C$9.448M in cash, C$0.474M debt left - MD&A p21: Tolling C$9.032M, capital dev C$2.105M, stock C$3.959M - AISC C$31.515M C$1057.8/oz mined, less stock: C$27.556M C$924.9/oz USD 711.46/oz mined - 5987 oz are left to sale - ER p12 Inventory Footnote1: 11,361 oz high-grade on 9/30 + Oct Gold Add the Oct/Nov gold as well, $18M in the bank as they stated and only less than half of the high grade gold sold from 3Q18! Below 56c, this is traded below Dumont 20% NPV while company is all green on the balance sheet - recovered. Don't we love ER dips? Go figure. Projection: EOW above 20dma. Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.rnx&postid=28972013#2KCUQUfEgd8l36sa.99
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