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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 GoldPathfinderon May 20, 2021 1:55am
160 Views
Post# 33235990

RE:RE:RE:Nickel 28 - Free Cash Flow Is Imminent!

RE:RE:RE:Nickel 28 - Free Cash Flow Is Imminent!

The market has not yet realized that the generation of cash from Ramu starts in next month.
With double profit it has taken half the time.
Biggest producer of the EV battery MHP!


"Ramu is the largest producer of MHP globally and the appetite for this product by battery producers is increasing. This is evident in the improvement in nickel and cobalt payabilities we have seen this quarter. In the quarter, revenue exceeded $160 million compared $80 million in the same quarter last year. At current commodity prices Nickel 28 should be generating cash from its Ramu investment by the end of the second quarter of this year” stated Anthony Milewski, chairman of the Company’s board of directors."

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