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 > A question to @AnthonyMilewski for clarification

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Post by urai58on Jan 15, 2021 5:16am

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Post# 32304085

A question to @AnthonyMilewski for clarification

There is great interest in Conic Metals in the German-speaking forum wallstreet-online.de. In the course of the discussion the following question arose:

If the mine closes temporarily and Ramu cannot transfer any cash to Conic for 1 year, then 5m $ cash will flow as interest payment from the company Conic to Ramu: Yes or No? "

I ask you politely for an answer with understandable reasons. It is about that all users of wallstreet-online.de understand the business case of Conic Metals regarding Ramu and that there are no uncertainties. Thank you very much for your support.

urai58

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