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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 H12NickelMBullon May 10, 2022 8:12am
130 Views
Post# 34669692

RE:RE:RE:RE:News!

RE:RE:RE:RE:News!

I think that they will wait until demand increeases again after China lockdowns. Something else to remember is that they sold a little less than half their normal amount for the same period but the proce of nickel was around 2x what it was previously, irgo though the volume was less RAMU is probably within 10-15% the same revenue amount as the previous quarter.  

We've seen this pattern before, majorly in March 2020 and in smaller ways a few times since. Best strategy is to hold on, buy more if you can and remember that the story for nickel really is just getting started. 

Remember, this is commodities folks! Good things come to those who wait!! 

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