Nickel 28 Capital Corp V.NKL

Alternate Symbol(s): CONXF

Metals & Mining Industrial Metals & Minerals

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

Nickel 28 Capital Corp

<< Previous

Bullboard Posts

Next >>

Post by abrahamincon Sep 01, 2021 9:21am

253 Views

Post# 33793469

What is going on with the operating expenses

Why are the operating expenses so high?1.4 mil the first quarter, 1.1mil this one! It's a management structure with around 5 staff, but it looks like they are burning cash given the size! Mining licenses usually have an annual fee but this is ridiculous! Any thoughts/ideas on this?

<< Previous

Bullboard Posts

Next >>

Two micro-cap stocks with strong fundamentals