Nickel 28 Capital Corp V.NKL

Alternate Symbol(s): CONXF

Metals & Mining Industrial Metals & Minerals

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

Nickel 28 Capital Corp > Nickel28 sells Future Nickel Production...payoff debt Early?

<< Previous

Bullboard Posts

Next >>

Comment by lumpy13on Apr 01, 2022 10:16pm

158 Views

Post# 34569370

RE:Nickel28 sells Future Nickel Production...payoff debt Early?

I broached this idea to the company 6-12 months ago (to CEO if I remember) to ascertain their interest. He said they had no interest. But, it makes complete sense if you run the numbers. It comes down to their ability to deliver nickel/cost or the cost of borrowing vs increased nickel. I can't believe it's not a viable and attractive option.

<< Previous

Bullboard Posts

Next >>

Voyageur Pharmaceuticals signs $2.6M contract in Latin America