Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Suppe11on Jan 22, 2023 2:01pm
220 Views
Post# 35238603

RE:RE:The solution to your disscussions /the whole riddle

RE:RE:The solution to your disscussions /the whole riddle@Urai

A lot would be easier, if they would publish the whole financial numbers of the Ramu mine. The Q3 should have been massive, with 40% just inventory selling and according to the past numbers, I guess, they had the inventory in the balance sheet just at (production) cost.

The whole thing lacks a bit of transparency. They sell and market a product (MHP) and this is just like a footnote, without showing the price of the product.

If I look at the Q2 financials of Nickel 28, I see, that the relation contained nickel vs. Mhp is around a factor 2.55. If I use this factor, I can calculate, that they got 10.93 for the nickel, while they showed an average price of nickel of 12.50 for the period.
<< Previous
Bullboard Posts
Next >>