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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 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.


TSXV:NKL - Post by User

Post by Talchioron Apr 16, 2021 2:32pm
184 Views
Post# 33012296

Regulatory request from China

Regulatory request from China
It seems that the reason of the decrease of the price is related of comment from China minister. "Comments from Chinese Premier Li Keqiang weighed on markets as it is the second time in just a few days top officials talk about cost controls, commodities broker Anna Stablum was quoted by Reuters. Chinese vice-premier Liu He, who chairs the countrys Financial Stability and Development Commission on Thursday warned about the need to keep prices stable after producer price inflation rose 4% the fastest annual pace in nearly three years." I thing that the prevision discussed earlier should not be impacted. Any previous experience if regulations arrive? But it's take time.
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