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Bullboard - Stock Discussion Forum Nickel Creek Platinum Corp T.NCP

Alternate Symbol(s):  NCPCF

Nickel Creek Platinum Corp. is a Canada-based mining exploration and development company. The Company’s principal business activity is the exploration and evaluation of nickel and platinum group metals (PGM) mineral properties in North America. Its flagship asset is its 100%-owned nickel-copper PGM project, located in the Yukon Territory, Canada (Nickel Shaw Project). The project is in the... see more

TSX:NCP - Post Discussion

View:
Post by Wangotango67 on Jan 22, 2024 3:16am

MAKE SENSE ?

For those who missed this in my first post -
Here's my own impression of questions asked in - VRIC video
Better Clairity.

Let's first back track - Spring 2023 Video
Pre PFS Stew promised Rhodium going forward.
PFS wasn't out yet.
Yukon Video ( with other Yukon junior panel )

In another Video
Pre PFS sounded like they were confident with extraction and ready
to take the project to, PFS
https://www.youtube.com/watch?v=FN0Ic8qcysA


PFS comes out, company KNEW the numbers prior to release
They knew the NVP was not as robust
What was said under - value enhancement
Reads as -  they knew they need  to improve recoveries.


           NCP's 2023 PFS - VALUE ENHANCEMENT
  • Additional metallurgical testwork to improve overall recoveries of all payable metals where a 1% recovery improvement represents approximately an after-tax $111 M improvement to the NPV at a 5% discount rate; and
https://ceo.ca/@newswire/nickel-creek-platinum-announces-positive-pfs-for-its


VRIC video reveals....
Comfortable with present extraction results ?
Company wants to proceed with FS ( but not this year ) ?


--------------------------------------------------------------------------------------


CNC BANKABLE REPORT ?

They DON'T mention full tonnage of Nickel
They mention 1.6 million nickel tonnes production
Concentrate is not seen in this wording
They mention 41% recovery
= No deduction is made to show difference ( keeps project looking great )

CNC's same Bankable Report
Includes Canada's Critical Minerals Investment Tax Credit

Web Search
On December 15, 2022, Bill C-32, providing for a federal new
non-refundable 30% Critical Mineral Exploration Tax Credit”



Does CNC's Bankable factor 45% new mine tax in, Timmins ?
Hard to say... Not sure.
I'm not seeing 45% mine tax in the press.

https://ceo.ca/@newswire/canada-nickel-announces-positive-bankable-feasibility



WELLGREEN ?
Payable metals along with 6 concentrates is a - maze.
Not sure which concentrate was chosen, or all 6 ?
What was the price fetched per con( s ) ?
Was Mg under threshhold like former report of only 5.6% ?

Wellgreen's PFS did not factor
- 30% - Canada's Critical Minerals Investment Tax Credit
- Nor.... CO2 credit.
= compromise  the economics.

Gov't asked juniors to work on CO2 capture how longggg ?
And... can't place forcast profits in PFS while Gov't also offers 30% rebate
which also can't be configured in economics ...?
Yet...CNC could factor 30% rebate ?

No mention about Mg converted to MgCO3 and who owns it.


https://ceo.ca/@newswire/nickel-creek-platinum-announces-positive-pfs-for-its


Not fair play.


Do your own DD.

My thoughts ?
Entire energy metals market - pure chaos.




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