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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 abrahamincon May 27, 2021 9:52pm
167 Views
Post# 33283839

Management is stepping up

Management is stepping upManagement is stepping up its game with this one.

This is hands down the most effiecient way to add value to share holders, its much better than a dividend due to the inherent tax advantages

With the operating debt being paid off, this is good news!

However, this does raise questions related to the structure of the cash flow once the operating debt is paid off, will it be weekly, monthly, quarterly or annually?
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