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 in the 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.

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Nickel 28 Capital Corp

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Comment by Fierzeon Jun 10, 2020 6:19pm

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Post# 31135937

RE:RE:RE:RE:RE:RE:RE:RE:VOTE AGAINST!

abrahaminc wrote:
I can't waste my time reading all the releases again because you need notated page numbers to find information. Options are free money when they become in the money. When management knows that a stock is undervalued, it's a smart ploy to grant yourself options. In the long term this becomes a dilution issue. This is commonly know in the stock world. Please due your DD.

Oh don't worry pal, I am "dueing" my DD.
The #1 risk aside from dilution seems to be the legal process in Ramu. If the outcome in the Ramu litigation negatively affects Conic's future cash flow, the stock could be pretty much dead. It is very hard to estimate how big that risk is though, as the process does not seem very transparent.

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