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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 invest234on Sep 27, 2022 12:20pm
123 Views
Post# 34989649

RE:RE:Q2 financials?

RE:RE:Q2 financials?share prices normally rise during debt reduction. it is not a step function where the share price does not move until the exact date company is debt free.
the timing of debt payment and cash distribution is dependent on when jv partner sends cash distribution.

Michiel wrote:
the most important for me is that the cashbalance goes up, and the debt goes significant down. We all wait for the moment the debt is paid off. From that moment on, dividends will be paid and the stock will rise to new heights. This all is something for end of next year. Far away, indeed, but no reason to sell the stock and wait for next year. You never know that MCC is making an offer on nickel28 in the meantime........


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