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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 May 02, 2021 7:49am
178 Views
Post# 33110175

Annual result 2020

Annual result 2020
The annual report is available. I think that the more interesting is that with a repay in January of 15 millions $ (result of 6 month sale), the operational debt is lower than 10 millions. Considering that the average of nickel and cobalt prices are higher than the 6 months before January, we can agree that the operational debt will be fully repaid for July. When the operational will be paid, 35% of the cash flow will be put as cashflow. If we consider 15 millions on second half, should be something around 5 millions. And you, your opinion?
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