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.

TSXV:NKL - Post by User

Nickel 28 Capital Corp > New corporate office?

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Comment by ICNickon Feb 14, 2024 5:48am

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Post# 35879154

RE:RE:New corporate office?

I assume you meant Carbon Streaming.
interesting to see that Cochrane is also CEO and President of Carbon Streaming, as he is President of NKL28 and Swan is Chair of BoD, as he is also on the board of NKL 28.
Carbon Streaming as a Corp is worth currently around $30M CAD. They had to cut operating costs in 2023 to the tune of roughly $5M/year annualized, and one of the measures was to move from Bay Street to Burlington.
it seems that in the case of NKL operating costs are quite high for the size of the company and the same for Carbon Streaming. Wait! Some of the same people running 2 companies with very high OPEX!!! Pattern????

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