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

Sign In

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

or

Please Try Again {{ error }}

Send my password

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

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 invest234on Jul 02, 2022 1:43am
149 Views
Post# 34797133

RE:RE:PR news

RE:RE:PR newsthe positive noise will come soon when they sell the over 5,000 tonnes that was produced but not sold in q1. that is almost an entire quarter of production held back in inventory.
  • Ramu Q1 2022 production of 8,756 tonnes of contained nickel in MHP.
  • Ramu Q1 2022 nickel sales of 3,336 tonnes of contained nickel.
q2 is already over now. they should annouce a huge cash payment once that metal inventory is sold.
at a cash cost of only $1.48/lb nickel when nickel is $10/lb, they continue to generate huge positive cash, despite the bad timing of sales.

ICNick wrote: IMO, this does not make sense. The stock is undervalued. There is much more to gain for management (and shareholders), if they were to drive the price of the share up and or starting to pay dividends. There is a need for a more focused strategy that will satisfy all parties. Some positive noise is needed. 


<< Previous
Bullboard Posts
Next >>