RE:RE:RE:Year-end 2021: Net income $0.13 per sharei think his analysis does not use the 35% cashflow received by nkl because he multiplies his number by 65%. using the 35% to pay down debt as well should result in faster completion of debt payment.
from q4 plus q1, the amount of nickel produced but not sold yet is around 6700 tonnes.
same for unsold cobalt produced but not sold. that is like an extra quarter of production to be sold.
once this inventory is sold, nkl will receive a big ca$h payment along with large paydown of debt, plus a huge earnings number.
microcaptt wrote: just to be clear your analysis assumes that the 35% of unencumbered cashflow is not being used to accelerate the repayment of the construction debt? I think it would be beneficial to understand if it was when the could repay. Probably mid 2023