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.

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Nickel 28 Capital Corp > Full repayment of CAPEX Debt likely by Q1 2024

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Comment by Talchioron Jun 01, 2022 3:57am

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RE:Full repayment of CAPEX Debt likely by Q1 2024

Thanks for the exercise. I think you have forgotten the cobalt part : 3,2 t production by year of. Cobalt $30/lb cobalt (current price is higher) 2$/lb cost (1,6t * 2205 * 28 * 8,56% * 65%) = 5,5 Mo by semester As of 1.7. 2022: 53,5m As of 1/1/2023: 30m As of July 1st, 2023: 6m CAPEX Debt fully repaid as of October 2023 (if we consider quarterly income).

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