Canada Nickel Company Inc V.CNC

PEA numbers has nickel price at $7.75 a lbs

[idlefreebird]

now with nickel being at $10,19 a lbs this is a huge cash flow increase and reports directly to the top..

$1.00 a lbs = $2200.00 a ton x 42,000 tons = $92,400,000.00 annually at peak output per $1.00 increase in nickel price..

Presently $2.44 difference in nickel price....therefore $5,368.00 t x 42,000 t = $225,456,000.00 anu.

just goes to show how value can be created easily...glta

[evnut1980]

Does anyone know if analysts would ever re-rate based entirely on nickel prices?  or do they wait until another event (ie new assays, resource update, strategic investor) triggers a re-rate but also add in heightened nickel prices with that report etc.?

[Seahawk001]

Possibly quarterly Evnut like when earnings come out...just a guess 

[evnut1980]

Analysts are still posting "base case" Price Targets on CNC's PEA nickel price assumption of $7.50 or so.  One analyst's base case PT is $6.50/share based on that $7.50 nickel price, but has a "high case" PT of $13.30 based on SPOT prices back in august of $8.75 when his report came out.    (At today's SPOT price of $10.20, that high case PT

[idlefreebird]

evnut , i would say the feasibility would garner the higher nickel price...and by then the inventories might be bear and nickel prices could be double from here...industries might start hording the nickel that's left...it's going to be crazy times going forward...glta

[diggin78]

I agree. We could see WILD price fluctuations in nickel over the next couple of years before new mines are built out to satisfy growing demand from the EV industry. Makes me wonder where the best places to invest right now are to capitalize on the looming price spikes. Canada Nickel is obviously an environmentally sound and very profitable long term play that should be appealing to large miners or

[minime123]

I buy and hold on to my shares!

[diggin78]

I've been in CNC since dec 2020. Have been very happy with their progress. No desire to sell. I guess my question was, of the current nickel producers, who do you all like for short term returns? I understand cnc will benefit from price appreciation even though it won't be producing for years but someof the others may benefit more in 2022. If I could buy 100, no 50 lb blocks of nickel at

[evnut1980]

Noronts stock price went up 10x during the nickel bull market in 2007... and i dont think eagles nest had its feasibility study done until 2012. If nickel prices continue to rise and cnc shows it can get it feasibility study done by end 2022/early 2023, then fireworks. I was just wondering when analysts will begin raising PTs based on nickel prices. All good.

[idlefreebird]

diggin, lot's of catalyst coming in 2022 , therefore iwouldn't want to be sitting on the sidelines on this one ...if so you could end up buying at higher prices..glta