Canada Nickel Company Inc V.CNC

Alternate Symbol(s): CNIKF

Metals & Mining Industrial Metals & Minerals

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the Crawford Project. Its wholly owned NetZero Metals Inc. to develop zero-carbon production of Nickel, Cobalt and Iron and applied for the trademarks NetZero Nickel NetZero Cobalt and NetZero Iron across several jurisdictions.

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Canada Nickel Company Inc > Nickel price slumps as global production soars

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Comment by Cobalton Oct 03, 2023 7:44pm

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Post# 35668065

RE:RE:RE:RE:RE:RE:Nickel price slumps as global production soars

Maybe we could go 8 over and not 3x so 21%?

Cobalt wrote: Oh we have a reference when the 10 year was around 4% the loan was around 3x 12% and dilution so at a 13% ... ?

"The Company has arranged a US$12 million loan facility with Auramet, which is expected to close on or before September 15, 2023. The loan will be due on about December 15, 2023, will carry an interest rate of 1.00% per month, and be subject to a 2.3% arrangement fee. At closing, Auramet will also receive 550,000 one-year warrants with a strike price of $1.24 per common share."

Cobalt wrote: I'm not buying a junior miner at any price when they are now talking 13% 10 year if they could not get financing when money was free good luck in 3 years with a 13% 10 year, someone look up how much over a ten year a miner pays up for financing. You have then number right Endzone you would have too No?