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 > q2 financials soon

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Comment by ICNickon Sep 14, 2022 12:03pm

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Post# 34961892

RE:RE:RE:RE:RE:RE:RE:q2 financials soon

A take over ver might be possible but $300 m US way to small. Soon NKL will have 11% shares, wich means (33,000 mt x 11% = 3,630 mt per year), that is close to 8,000,000 lbs of Nickel alone per year at a gross margin of $9.00/lb ($12 average price - $3.00 cost). That will provide $72 m us per year for how many years to come? Let's say 20. Then $300m is way to small considering also other potential royalties, of which Turnagain in British Columbia with signed agreement between Giga Metal and Mitsubishi, Dumont shovel-ready in Quebec and others in Australia.

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