posted June 08, 2022 01:39 pm by Talchior
(10)
https://seekingalpha.com/article/4516690-nickel-28-is-currently-undervalued
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posted June 03, 2022 04:22 am by urai58
(10)
It is always emphasised by companies - including Nickel 28 - how high the insiders (management directors) have a stake in the company. This circumstance is called "skin in the game". Low
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posted June 01, 2022 02:39 pm by invest234
(514)
i think his analysis does not use the 35% cashflow received by nkl because he multiplies his number by 65%. using the 35% to pay down debt as well should result in faster completion of debt payment
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posted June 01, 2022 10:42 am by microcaptt
(2)
just to be clear your analysis assumes that the 35% of unencumbered cashflow is not being used to accelerate the repayment of the construction debt? I think it would be beneficial to understand
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posted June 01, 2022 07:48 am by invest234
(514)
technically they received a cash distribution of $3,462,576 from MMC subsequent to January 31, 2022 which is after q4 end, so the 7 mil would appear in q1 2022. q4 was the big drop in production from
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posted June 01, 2022 04:39 am by Talchior
(10)
my apologize! Thanks for the clarification, I totally missed this point from the beginning! I fear that not being fluent in English is not always helping to understand the full detail.
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posted June 01, 2022 04:18 am by urai58
(10)
Thanks for your feedback @Talchior. No, I didn't "forget" cobalt. Ramu Cash costs are shown net of by-product (Cobalt). This means that the revenue from the cobalt is deducted from the
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posted June 01, 2022 03:57 am by Talchior
(10)
Thanks for the exercise. I think you have forgotten the cobalt part : 3,2 t production by year of. Cobalt $30/lb cobalt (current price is higher) 2$/lb cost (1,6t * 2205 * 28 * 8,56% * 65%) = 5,5 Mo
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posted June 01, 2022 02:27 am by urai58
(10)
Let's do a small virtual calculation regarding potential full repayment of the CAPEX Debt with the following parameters (Q1 2022 basis, performance data rounded up, CC rounded up):
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posted June 01, 2022 02:07 am by urai58
(10)
The audited financial statements for 2021 as of January 31, 2022 are filed on SEDAR. Today there should be a NR. Here are the key numbers: - Cash: 7.6m USD - CAPEX
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posted May 30, 2022 10:31 am by invest234
(514)
nickel price and nkl rebounding from recent dip. china coming out of covid lockout helps with metal price. was great buying opportunity, luckily got some at $1.08 and $1.10. nkl upcoming fcf looks too
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posted May 22, 2022 04:34 pm by Nemesis
(6)
Parfaitement exact urai58.
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posted May 18, 2022 09:39 am by Talchior
(10)
Pay the debt is the more interesting one. There are 3 reasons: 1) less interest paid. 2) As soon it's paid, the percentage increase. 3) There is a tax exemption for few years. Pay earlier will
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posted May 18, 2022 08:02 am by ICNick
(3)
All great, and I would like to add that 23m is a 35% increase vs LY.
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posted May 18, 2022 02:53 am by Michiel
(12)
2024, we are almost there....., and meanwhile, we can already expect 23million in cash flow this year (slide 2), which can be used for a dividend, a new share buyback or accelerated debt repayment
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posted May 17, 2022 07:57 am by ICNick
(3)
Thanks for the analysis, greatly appreciated. Patience will pay off!
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posted May 17, 2022 02:38 am by urai58
(10)
The presentation as of May 2022 has been adjusted. Especially with regard to the outlook. A base scenario of $12.50/lb Ni and $35/lb Co is assumed. But the question arises whether the cash flow
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posted May 16, 2022 02:39 pm by Talchior
(10)
prsentation updated (I haven't not read it already) https://www.nickel28.com/investors/presentations-and-webcasts/
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posted May 13, 2022 10:26 am by Nergy
(115)
The valuation just got to low, trading around 1 X Earnings once the debt is fully paid off. If the ESG-mob does their job they will keep russian NI-production out from EV-battery market for a
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