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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

Post by Nergyon Nov 24, 2021 4:24am
283 Views
Post# 34160258

Market Logic

Market LogicCurrent combined metal prices Ni and Co and a strong USD means that the attributable CF from Ramu are at ATH, and will probably continue to increase if world EV manufacturers will be able to produce half the amount of vehicles they are projecting for the coming 5 years. As an long term investor I would rather buy NKL @ twice the current share price then Tesla shares @ 1/3 of the current share price. GLTA Hoping for some Dumont news before Chritmas. :-)
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