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Nickel 28 Capital Corp V.NKL

Alternate Symbol(s):  CONXF

Nickel 28 Capital Corp. is a Canada-based nickel-cobalt producer through its 8.56% joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea. In addition, the Company manages a portfolio of nickel and cobalt royalties on projects in Canada, Australia and Papua New Guinea, including a 1.75% net smelter return (NSR) royalty on the fully permitted Dumont nickel project in Quebec and a 2.0% NSR royalty on the Turnagain nickel project in British Columbia. The Company is focused on building its portfolio of battery metals investments, including streams, royalties and other direct interests in producing mines, development projects or exploration properties. The Company's royalties include Dumont Nickel-Cobalt Royalty, Turnagain Nickel-Cobalt Royalty, Flemington Cobalt-Scandium-Nickel Royalty and Nyngan Cobalt-Scandium-Nickel Royalty.


TSXV:NKL - Post by User

Comment by abrahamincon Jan 19, 2021 5:39pm
147 Views
Post# 32329635

RE:Potential Royalty's question.

RE:Potential Royalty's question.
Cheers Sharegar! TBH Conic is light years ahead because the risk is very low based on current revenues and the fact that it's a Royalty model. This should result in a significant premium in Conic's valuation. Conic is independently worth money because the share in Ramu is generating $30 Mil approx annualized based on current prices albeit being applied to debt. Dumont, Turnagain, Amur and almost all the other 'Insert name here' projects have significant project risk I.E they maybe be worth a lot or nothing at all depending on if the project goes. Conic should have a real premium independently and once the debt is paid off should further increase in value SIGNIFICANTLY!!
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