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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 on the fully permitted 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 Michielon May 10, 2022 5:53pm
127 Views
Post# 34672169

RE:RE:RE:RE:RE:News!

RE:RE:RE:RE:RE:News!
the price has dropped from 1.70 to 1.20. there is clearly a lot of disappointment with the financial figures. the prospect of a lower than expected cash flow is not good for the share price. It is a pity that the management gives no explanation for these figures. Creating shareholder value is clearly not an opportunity. Filling their own pockets with stock options, on the other hand..... Why invest in a stock that only owns 8% in Ramu when you can invest in MCC that owns 92% in this valuable mine and already pays a dividend. I'm seriously thinking about switching.
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