RE:RE:NKL28 Great points Guys,
Excellent company with a superb portfolio of royalties.
The least anyone can do as an investor is to hold until 2024 for the following reason.
When full Ramu debt is repaid, Nickel 28 receives 100% of attributable cash flow and JV interest increases to 11.3%. (Taken from page 4 of the March 2021 presentation).
The cash flow charts show that this one royalty alone (Ramu) is potentially worth many times our current market Cap.
Ramu already has a long mine life with plenty of opportunity to extend further.
Just imagine what can happen to the SP if Nickel and Cobalt prices go beyond the conservative projections.
Also, if someone is smart enough to try and take us out the worst we will get is a nice premium on whatever SP we have at the time.
It is also nice to have management that communicate so well with their shareholders on a regular basis.
GLA Sharegar.