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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

Comment by Talchioron May 09, 2021 4:23pm
148 Views
Post# 33162375

RE:RE:RE:My personal thesis ...

RE:RE:RE:My personal thesis ...I don't think that the 30 millions are so generous.

The current share value is increasing in the same time than the nickel. Tje operational debt will be paid (if not already paid) this quarter. What do you think will be the impact on the rates?

The target price is including the number of shares and the increase to the 11,3%.

I don't that dilution for the full life of the company of 53% to win 40 millions for 2 years knowing that it could be paid without invest is interesting.

The majority of the shareholders are long term, I can clearly wait 2 or 3 years than the world realized the under evaluation without dividend and then see the rates explodes.


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