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 > Nickel 28 Announces Confirmation of Cash Distribution

<< Previous

Bullboard Posts

Next >>

Comment by 1930modelAon Oct 13, 2024 7:22pm

58 Views

Post# 36264834

RE:RE:RE:RE:Nickel 28 Announces Confirmation of Cash Distribution

Whether the debt is part of the agreement or the agreement debt is paid off with funds from an outside source - ie bank loan , the amount of debt on the balance sheet remains the same but by shifting to outside debt the revenue increases a LOT. If we are able to obtain outside debt financing at reasonable terms and pay off the agreement debt, the revenue increase should significantly increase the value of the company and this the share price.

<< Previous

Bullboard Posts

Next >>

Apolo IV Acquisition and Marviken Ontario sign merger agreement