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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 abrahamincon Nov 24, 2021 8:26am
113 Views
Post# 34160558

RE:Switch

RE:Switch
Interesting note Michiel! Nickel 28 & Canada Nickel are two very different animals. Nickel 28 has actual income with minimal operational risk and has additional upside because of its debt repayment and the other royalties Mining tends to be very high risk, recent implosions including Nemaska Lithium are a good reminder of this. Canada Nickel is great project and if things go well could offer very good returns however the risk stands The things about Nickel 28 is it offers significant returns being significantly de-risked due to cash flow and future potential Nickel 28 is a reasonable investment without building Castles in the air at this point! IMO, I am not certain the alternative offers the same level of certainty
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