Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

Metals & Mining Industrial Metals & Minerals
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

Canada Nickel Company Inc > Is this math correct?
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(126)
•••
Post by Rm90090on Dec 02, 2021 11:49am
211 Views
Post# 34190335

Is this math correct?

Is this math correct?
They have added 19% in recovery. MS has stated that each percentage point adds 92M to the NAV. Does that mean that the NAV is now just under 3 Billion?

Also, MS has stated that assays will prove that Crawford is 50-100% bigger. Would this put the NAV at 4.5 Billion?

All of this is in USD, so assuming 100M O/S; 4.5B works out to a share price of $45. Then we can start to factor in the other properties .....

I just want to check if my math is correct here, or if I am being too optimistic here.

Mark has stated often that he is hoping for 4-5% increase in recoverables for the FS - but he has demonstrated a 19% increase.
 

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities