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 > Ramu Full Year 2022 Operating Performance

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Comment by urai58on Feb 28, 2023 5:12am

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Post# 35308804

RE:RE:Ramu Full Year 2022 Operating Performance

Thank you, you are right in principle @Michiel

But you have to note that the debt from the 65% share was repaid on January 1st, 2023 (retrospectively). From the 35% free cash, debt can only be made after receiving the $$. For this purpose, the degree must be audited in advance. Additional repayment therefore not before May 2023.

urai5

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