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Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the Crawford Project. Its wholly owned NetZero Metals Inc. to develop zero-carbon production of Nickel, Cobalt and Iron and applied for the trademarks NetZero Nickel NetZero Cobalt and NetZero Iron across several jurisdictions.


TSXV:CNC - Post by User

Comment by Rm90090on Oct 05, 2021 9:59am
183 Views
Post# 33966428

RE:Calculations

RE:CalculationsSo updated calculations would be:



Previous NAV8: 1.2B USD

ADD 50% from additional drilling.
ADD 920M in additional NAV from increased recovery.
New NAV8: 2.7 USD. Converted to 3.4B CDN.

Mark Selby said take over price is 1.2 to 1.5 NAV; meaning a takeover price of 4.08B to 5.1B

Meaning, (assuming 100M shares) a takeover share price of $40.8 to $51 CDN

THEN, we add in the district potential with multiples other deposits.

Am I missing anything here?

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