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Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the Crawford Project. Its wholly owned NetZero Metals Inc. to develop zero-carbon production of Nickel, Cobalt and Iron and applied for the trademarks NetZero Nickel NetZero Cobalt and NetZero Iron across several jurisdictions.


TSXV:CNC - Post by User

Post by caramba71on Jan 04, 2022 4:23pm
204 Views
Post# 34283045

Cash Burn Rate?

Cash Burn Rate?Does anyone have an idea what CNC's cash burn rate is?  I think by the end of last qtr we had a cash position of >10 Mio + the recent 10 Mio loan.  Shouldn't that carry us through at least another 9 months if not even longer?

Also, I am curious on this: what type of activities are suspended (if any) during the winter months?
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